Over $210M of liquidations in the past 24 hours, takes Bitcoin above $24.5K

Quick Take

• The past 24 hours saw $211 million in total liquidations.
• This resulted in $187 million of short liquidations — equating to roughly 87% of all liquidations.
• This was the highest amount of short liquidations since Jan. 25.
• Bitcoin specifically saw $88 million of liquidations in the past 24 hours.
• As a result of the liquidations, Bitcoin soared to $24,700 — an 11% increase in the past 24 hours.

The post Over $210M of liquidations in the past 24 hours, takes Bitcoin above $24.5K appeared first on CryptoSlate.