Price speculators sees highest single-day loss of $774 million YTD amid Bitcoin upward trajectory
Summary
- Crypto derivatives speculators faced $774 million in losses, the highest single-day loss of the year. - Bitcoin surged past $63,000 but swiftly dropped below $60,000 due to technical glitches and fears from US authorities' Bitcoin transfers. - Bitcoin recovered to $62,530, with Ethereum reaching nearly $3,500 and Solana hitting around $130. - Cardano and Dogecoin saw notable gains of 11.78% and 39.16%. - 189,679 traders were liquidated, with short traders accounting for $409 million in losses and long traders for $365.48 million. - Bitcoin traders suffered a $292.09 million downturn, with Binance and OKX reporting the highest liquidations.
