Bitcoin Approaches $80,000 Mark: $310 Million Liquidated in Crypto Markets!

With Bitcoin trading at approximately $80,359, $310.82 million worth of positions have been liquidated in the crypto market over the last 24 hours.

According to CoinGecko data retrieved around 3:30 PM on September 20, Bitcoin has declined by 0.9% in the last 24 hours. Ethereum is trading at $2,574.85, reflecting a 2.3% loss. This content was prepared using data from the afternoon and does not reflect morning prices.

Latest Status of Major Altcoins

BNB is trading at $751.59 with a 1.7% decrease, while XRP is at $1.38 with a 2.7% loss. Solana fell 2.9% to $108.26, and Dogecoin saw a similar decline to $0.08499. TRON stands out from the group with a 1.4% gain, rising to $0.3425.

The total crypto market cap was measured at approximately $2.82 trillion, with a 24-hour trading volume of $75.8 billion.

Long Positions Lead Liquidations

According to Coinglass data, the positions of 126,108 traders totaling $310.82 million were liquidated in the last 24 hours. Approximately 59% of the liquidation amount consisted of long positions. These forced closures in leveraged trading do not represent the same as total losses in the spot market.

The data reflects the current market outlook; prices and 24-hour changes may vary after publication.

Sources: CoinGecko, Coinglass.