Market Update

The encryption qualifiers reach $ 1.1 billion like Bitcoin, Ethereum and Solana

Short traders have been exposed over the past 24 hours, as the prices of higher encryption assets have increased, which contributed to a total of $ 1.12 billion of encryption sites that were classified during that period.

According to data from CoinglassShort pants formed the largest part of this number, with approximately $ 777 million of positions that were classified over the past day. Short situations are bets on the price of one of the assets will decrease, with long situations the opposite. About $ 350 million of time has turned in the same period.

Bitcoin It usually leads the liquidation list, but during the past day, it was the case ethereum Traders roaming the most damage with $ 439 million liquidation.

This is due to the amazing high ETHEREUM prices, with assets rising about 25 % over the past week to a current price of $ 2.303. Earlier on Friday, price It rose to $ 2,448 For the first time in two months. ETHEREUM jump comes in the launch of this week of long -awaited length PECTRA network upgrade.

Ethereum is not the only big winner this week, however, even if its height has exceeded most of the other giants. Bitcoin rose 5 % to the current price of $ 102,858, It tops 100,000 dollars on Thursday For the first time since February. The upper cryptocurrency is touched by $ 103,890 earlier on Friday, with Bitcoin squares accumulated of $ 307 million over the past day.

Among the other large engines in the top 10 cryptocurrencies depending on the maximum market this week, Solana, with 12 % increase Dokwin With more than 11 % climb per week.

Solana has resulted in the third largest number of references for any one origin over the last day, with a value of more than $ 40 million, with Dogecoin in the list slightly with $ 19 million in liquidation.

Per Coinglass, the largest individual liquidation came during the last day of Bitcoin, and lost a $ 11.97 million site in this process.

Edit Andrew Hayouard

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