FAQ?

What does liquidation mean in crypto?

- Definition by CryptoDefinitions Liquidation is the process of converting crypto-assets, like Bitcoin, into fiat currency. An asset can be described as easy or hard to liquidate. Learn more Home Dictionary Blog Crypto Statistics Coin Prices and Market Capitalizations Cryptocurrency Exchange Statistics Twitter Liquidation What Is Liquidation?

How much money has been liquidated from the crypto market?

During this, thousands of traders operating in the crypto futures market were liquidated. With over $8 billion worth of positions affected, according to Bybt. With the bitcoin futures market accounting for 50% of all total liquidations, it was the heaviest hit by this.

How many traders liquidated their overleveraged bitcoin positions?

In the past 24 hours, 616,614 traders had their overleveraged positions liquidated as Bitcoin continued to plummet. When BTC’s value falls below the liquidation price, crypto exchanges force traders to liquidate as they become unable to meet the requirements of their leveraged position.

What happens when bitcoin price falls below liquidation price?

When BTC’s value falls below the liquidation price, crypto exchanges force traders to liquidate as they become unable to meet the requirements of their leveraged position. Did One Transaction Cause the Crash?