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$190 Million Worth of BTC Liquidated on Binance While Bitcoin Drops Back to $30,000 Zone

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Mon, 4/01/2021 - 11:17
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$190 Million Worth of BTC Liquidated on Binance While Bitcoin Drops Back to $30,000 Zone
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Glassnode analytics team has reported that within just ten minutes’ whales have liquidated a $190 million worth of Bitcoin futures on Binance.

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The liquidation of Bitcoin futures has pushed the flagship cryptocurrency back to where it was two days ago – to the range between $30,000 and $30,400, losing as much as 17 percent, making it lose the recent stellar gains.

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But first Bitcoin went as low as $28,000. At press-time, BTC is changing hands at $29,608.

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Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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