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via CoinDesk · By CoinDesk Staff

Bullish crypto bets lose $1.6 billion as ETH, SOL, DOGE drop 9%

ETH

ETH/USDT

$1,660.11
-4.57%
24h Volume

$11,589,376,523.57

24h H/L

$1,747.70 / $1,635.65

Change: $112.05 (6.85%)

Long/Short
77.3%
Long: 77.3%Short: 22.7%
Funding Rate

-0.0022%

Shorts pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$1,659.28

-3.99%

Volume (24h): -

Resistance Levels
Resistance 3$1,778.40
Resistance 2$1,730.12
Resistance 1$1,679.12
Price$1,659.28
Support 1$1,616.45
Support 2$1,505.68
Support 3$1,244.77
Pivot (PP):$1,677.06
Trend:Downtrend
RSI (14):36.5
CS
CoinDesk Staff
(05:00 AM UTC)
1 min read
JM
Approved byJames Mitchell
1244 views
0 comments

The single biggest unwind was a $59.67 million BTC-USDT long on HTX.

Crypto traders hoping the market would catch up to the global stock rally were left nursing tears on Wednesday as a sharp price drop triggered the largest liquidation event since early February.

Roughly $1.84 billion in crypto leveraged positions were liquidated across the past 24 hours as bitcoin BTC$66,347.90 plunged below…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

CoinDesk Staff · CoinDesk

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