Published: 28.03.2022
Article reading time:
1 minute.
On the night of March 28, the rate of the first cryptocurrency began to rise sharply and reached $47,600. Against this background, the volume of liquidations of traders’ positions in the cryptocurrency market amounted to $400 million.
This is the seventh day in a row that the Bitcoin price chart has drawn a green candle. The last time the price of bitcoin reached $47,000 was on January 2. BTC rose by 4.9% per day, and by 14% over the last week. The total volume of transactions in the market reached $100 billion, which is 63% more than the day before. Market capitalization amounted to $2.12 trillion.
Data from the CoinGlass service suggests that over the past 24 hours, positions worth $417 million have been liquidated, of which 80% are short positions. The largest liquidation was the automatic closing of a $10 million trade on the BitMEX exchange.
At the moment, the “bulls” have stalled a little and the BTC rate has rolled back to $46,900. Among the largest altcoins, the DOT coin has grown the most over the past day, adding 7.69% to the price right away.
Earlier, the analytical company Santiment reported that the number of Bitcoin addresses holding from 1,000 to 10,000 BTC increased by 8.3% over the month. 2,203 addresses hold at least 1,000 BTC, the highest figure in a year.
Source: Bits
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