BTC falls below 62,000
In today’s sell-off, Bitcoin pushed its low since August even lower. Binance BTCUSDT was at $64,418 at 10:20 a.m., down 4.91% in 24 hours, after hitting a low of $62,006.
According to Coinglass figures, about $1.9 billion in positions were liquidated on exchanges in the 24 hours to 7 a.m. Sunday Singapore time. Bitcoin accounted for $684 million, with the vast majority being long positions. The low during Sunday’s Asian session was $63,311, the weakest level since August 17.
CryptoQuant’s on-chain estimates show that less than 45% of the active supply is in profit, meaning most actively traded BTC is now below its purchase price.
Related codes: $BTC
#比特币活跃供应盈利占比跌破45%
In today’s sell-off, Bitcoin pushed its low since August even lower. Binance BTCUSDT was at $64,418 at 10:20 a.m., down 4.91% in 24 hours, after hitting a low of $62,006.
According to Coinglass figures, about $1.9 billion in positions were liquidated on exchanges in the 24 hours to 7 a.m. Sunday Singapore time. Bitcoin accounted for $684 million, with the vast majority being long positions. The low during Sunday’s Asian session was $63,311, the weakest level since August 17.
CryptoQuant’s on-chain estimates show that less than 45% of the active supply is in profit, meaning most actively traded BTC is now below its purchase price.
Related codes: $BTC
#比特币活跃供应盈利占比跌破45%
