The third most vital lengthy Bitcoin (BTC) liquidation of 2023 occurred on Jan. 30, as over $160 million price of BTC had been liquidated within the final 24 hours, based on CoinGlass knowledge.
On the time of writing, knowledge exhibits {that a} complete of $160.69 million price of BTC received liquidated within the final 24 hours. This quantity contains the 15 million lengthy BTC liquidation recorded as we speak, which marks the third-largest lengthy BTC liquidation of 2023, based on CryptoQuant.
The primary and second largest lengthy BTC liquidations of the 12 months had 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 complete liquidations breached $200 million in 24 hours.
BTC is being traded for round $22,740 on the time of writing.
