The third most important lengthy Bitcoin (BTC) liquidation of 2023 occurred on Jan. 30, as over $160 million value of BTC have been liquidated within the final 24 hours, in accordance with CoinGlass information.
On the time of writing, information reveals {that a} whole of $160.69 million value of BTC bought liquidated within the final 24 hours. This quantity contains the 15 million lengthy BTC liquidation recorded right this moment, which marks the third-largest lengthy BTC liquidation of 2023, in accordance with CryptoQuant.
The primary and second largest lengthy BTC liquidations of the 12 months have been recorded on Jan. 19 and Jan. 15, with over 20 million and 16 million, respectively.
An analogous motion in BTC liquidations was additionally recorded on Jan. 25, when the value of BTC breached $23,000, and whole liquidations breached $200 million in 24 hours.
BTC is being traded for round $22,740 on the time of writing.
