Short-term liquidation operations once again dominate the scene in the cryptocurrency market 📊
Over the past 24 hours, the market recorded liquidations worth $672.1 million, involving 118,371 traders. The imbalance was clear, with liquidations from short positions totaling approximately $587.3 million, compared to $84.9 million from long positions. The largest single liquidation was recorded on the Binance platform, for the #ETHUSDT pair, valued at $12.9 million ⚠
The total market capitalization increased to $3.25 trillion, up 5.04% over 24 hours. #BTCUSDT is trading near $95,400, up 4.6%, maintaining its market value at around $1.9 trillion 🔥 #Ethereum outperformed, trading at $3,326, up 7.5%, raising its market cap to approximately $401 billion 📈
In market sentiment indicators, the altcoin index remained at 30/100, far from excessive optimism levels, with focus on #Bitcoin , while the Fear and Greed index registered 41 in the neutral zone 👀
This recent movement was supported by selling pressure, with significant liquidation of short leverage, while liquidity inflows in the spot market helped support prices. Despite this recovery, the environment remains sensitive to macroeconomic data and global liquidity conditions 🌐 #MarketRebound $BTC $ETH $GT
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Short-term liquidation operations once again dominate the scene in the cryptocurrency market 📊
Over the past 24 hours, the market recorded liquidations worth $672.1 million, involving 118,371 traders. The imbalance was clear, with liquidations from short positions totaling approximately $587.3 million, compared to $84.9 million from long positions. The largest single liquidation was recorded on the Binance platform, for the #ETHUSDT pair, valued at $12.9 million ⚠
The total market capitalization increased to $3.25 trillion, up 5.04% over 24 hours. #BTCUSDT is trading near $95,400, up 4.6%, maintaining its market value at around $1.9 trillion 🔥
#Ethereum outperformed, trading at $3,326, up 7.5%, raising its market cap to approximately $401 billion 📈
In market sentiment indicators, the altcoin index remained at 30/100, far from excessive optimism levels, with focus on #Bitcoin , while the Fear and Greed index registered 41 in the neutral zone 👀
This recent movement was supported by selling pressure, with significant liquidation of short leverage, while liquidity inflows in the spot market helped support prices. Despite this recovery, the environment remains sensitive to macroeconomic data and global liquidity conditions 🌐
#MarketRebound
$BTC
$ETH
$GT