$1.89B liquidated: Why did Bitcoin and ETH price correct sharply overnight?
Cointelegraph
Published Feb 15, 2021 09:00AM ET
Updated Feb 15, 2021 11:00AM ET
In the last 24 hours, $1.89 billion worth of futures positions have been liquidated after Bitcoin (BTC) and Ether (ETH) sharply fell, with BTC reaching below $46,000 on Binance.
Most of the liquidations came from Bitcoin and Ether, which accounted for $555 million and $336 million, respectively. But altcoins like XRP, EOS and Litecoin (LTC) also saw large liquidations as the market plummeted.
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Written By: Cointelegraph
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