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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

$2,688.52
-0.05%
24h Volume

$10,644,613,803.80

24h H/L

$2,743.00 / $2,668.84

Change: $74.16 (2.78%)

Long/Short
60.3%
Long: 60.3%Short: 39.7%
Funding Rate

+0.0013%

Longs pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$2,690.81

▼ -0.03%

Volume (24h): -

Resistance Levels
Resistance 3$3,143.74
Resistance 2$2,778.89
Resistance 1$2,700.65
Price$2,690.81
Support 1$2,681.00
Support 2$2,314.75
Support 3$2,159.67
Pivot (PP):$2,700.65
Trend:Uptrend
RSI (14):63.5
CS
CoinDesk Staff
(05:00 AM UTC)
1 min read
JM
Approved byJames Mitchell

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…

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Source

CoinDesk Staff · CoinDesk

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