Since the beginning of Monday, the volume of liquidations of cryptocurrency positions has exceeded $1.7 billion.
Crypto exchanges have forcibly closed (margin call) the positions of 565 thousand traders amid the fall in Bitcoin (BTC) quotes below $95,000
According to Coinglass, as of 10:30 Moscow time, the total amount of margin calls per day was $1.71 billion, including $1.51 billion in long positions and about $190 million in short positions.
Over the past day, the value of the first cryptocurrency fell from $100,500 to below $94,500, after which it went up again. At 13:50 Moscow time, Bitcoin is trading around $97,800, since the close on Sunday it has lost more than 2%, and at the local minimum the fall exceeded 5%.