Key Points: The cryptocurrency market has seen a small rebound over the past day, which has caused $212,000,000 to leave the market.
Market rebound liquidated 50 517 traders during that time. The largest liquidation was at $3.85million on BTC.
The cryptocurrency market has seen a small rebound over the past 24 hours, causing $212 million to be lost. Ethereum contributed $48.81million to the liquidations, while BTC contributed $80.70 million. Short positions against the soaring layer 1 blockchain network Aptos (APT) were settled for $31.61 million.The market rebound liquidated 50,517 traders during this time, with a $3.85 million stake on BTC experiencing the largest liquidation.Meanwhile, blockchain analytical firm Santiment pointed out several altcoins ascending over the reporting period. Santiment stated:
“Social spikes and FOMO may cause an uptrend, but traders will laugh at this run (allowing rallies for to continue).
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