BTC has just gone through a slight price drop, trading around 113,455 USD per coin, the cryptocurrency market recorded large contract liquidity in the last 12 hours.
On the morning of August 25, BTC dropped to 110,482 USD and is currently fluctuating at 113,455 USD, the cryptocurrency market has liquidated over 513 million USD in contracts in half a day, reflecting strong volatility in both long and short positions.
MAIN CONTENT
BTC decreased slightly, trading at 113,455 USD per coin on August 25.
The cryptocurrency market liquidated 513 million USD in contracts within 12 hours.
224 million USD in BTC and 170 million USD in ETH were liquidated during the reporting period.
BTC slightly decreased on the morning of August 25, how does this affect the market?
BTC dropped to 110,482 USD early in the morning and then slightly increased to 113,455 USD per coin, down 0.05% from the previous day. This movement indicates temporary selling pressure but still maintains a solid price above 110,000 USD, reflecting cautious investor sentiment.
The price movement of BTC often has a significant impact on the entire cryptocurrency market, primarily due to its position as the leading cryptocurrency. A slight price drop leads to volatility in determining the investment strategies of both short-term and long-term traders.
How has cryptocurrency contract liquidity been in the last 12 hours?
Data from Coinglass shows that the total value of contracts liquidated in the last 12 hours reached 513 million USD, including 381 million USD in long positions and 133 million USD in short positions. This reflects strong market volatility with many investors under pressure to cut losses.
The results of large liquidations reflect short-term instability, while warning investors to have reasonable risk management strategies during volatile periods.
Comparison table of contract liquidity between BTC and ETH in the last 12 hours
Cryptocurrency Type Liquidated Amount (USD) BTC 224 million ETH 170 million
Frequently Asked Questions
Is the decrease in BTC price a sign that the cryptocurrency market is weakening?
The slight decrease in BTC price reflects cautious sentiment, not necessarily signaling long-term weakness but could be a technical adjustment in the short term.
How does large contract liquidity affect investors?
Large contract liquidity indicates strong volatility, investors need to be cautious and apply risk management to avoid significant losses.
Is the current BTC price considered stable?
BTC price around 113,455 USD with minor fluctuations indicates relative stability amidst market volatility.
What do liquidated long and short positions indicate?
The liquidation of both long and short positions indicates a balancing pressure between optimistic and pessimistic investors in the market.
Where should this information be monitored to ensure accuracy?
Liquidity and price data should be updated from reputable platforms like Coinglass or major exchanges.
Source: https://tintucbitcoin.com/btc-xuong-110-400-usd-thanh-ly-lon/
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