{"id":11692,"date":"2023-04-26T23:13:56","date_gmt":"2023-04-26T23:13:56","guid":{"rendered":"https:\/\/cryptoheretostay.com\/?p=11692"},"modified":"2023-04-26T23:13:57","modified_gmt":"2023-04-26T23:13:57","slug":"bitcoin-drops-to-27k-range-again-liquidating-200m","status":"publish","type":"post","link":"https:\/\/cryptoheretostay.com\/?p=11692","title":{"rendered":"Bitcoin drops to $27k range again, liquidating $200M"},"content":{"rendered":"<p> <script type=\"text\/javascript\">\r\namzn_assoc_placement = \"adunit0\";\r\namzn_assoc_tracking_id = \"totafreearti-20\";\r\namzn_assoc_ad_mode = \"search\";\r\namzn_assoc_ad_type = \"smart\";\r\namzn_assoc_marketplace = \"amazon\";\r\namzn_assoc_region = \"US\";\r\namzn_assoc_default_search_phrase = \"crypto\";\r\namzn_assoc_default_category = \"All\";\r\namzn_assoc_search_bar = \"false\";\r\namzn_assoc_title = \"\";\r\namzn_assoc_rows =\"1\";\r\n<\/script>\r\n<script src=\"\/\/z-na.amazon-adsystem.com\/widgets\/onejs?MarketPlace=US\"><\/script><br \/>\n<\/p>\n<p>Bitcoin (BTC) fell to about $27,235 almost immediately after hitting a price of $30,000, leading to more than $170 million in liquidations.<\/p>\n<p>The largest cryptocurrency by market cap rallied\u00a0toward $30,000 earlier in the day, which led to more than $70 million in liquidations for short traders in the last 24 hours.<\/p>\n<h2>Nearly $200 million liquidated<\/h2>\n<p>According to\u00a0Coinglass, the crypto market saw $195 million liquidated in the past four hours, with more than 77,000 traders being liquidated.<\/p>\n<p>Bitcoin saw $72.05 million in the past hour, while Ethereum saw $28.75 million. Other assets such as Dogecoin, Arbitrum, Chainlink, XRP, Litecoin, and Solana experienced less than $4 million in liquidations.<\/p>\n<p>The largest liquidation occurred on BitMEX on XBT, valued at $5.05 million.<\/p>\n<h2>Bitcoin drops to $27k again<\/h2>\n<p>The price of Bitcoin is also down to $27k again after a rally over the last three days, based on CryptoSlate data, after it dropped from a high of almost $31k on April 14 down to as low as $26,960 on April 24.<\/p>\n<p>BTCUSDT (Source: TradingView)<\/p>\n<p>BTC was priced at $27,510 as of 8:30 p.m. UTC. The price of Bitcoin is down overall by almost 2.5% over the past 24 hours.<\/p>\n<p>Other leading assets have also lost value. Ethereum (ETH) is down almost 2%, while Binance Coin (BNB) is down 2.3% and XRP is down 4.7%, while Dogecoin (DOGE) is down 3.6%.<\/p>\n<h2><strong>Jump Trading deposits to exchanges<\/strong><\/h2>\n<p>Arkham Intelligence tweeted that Jump Trading, a prominent market maker, deposited $26.6M worth of BTC to various exchange deposit addresses in the past hour.<\/p>\n<p>Most of these funds were sent to Binance, with Jump Trading transferring $23.7M to their BTC deposit address.<\/p>\n<p>The post Bitcoin drops to $27k range again, liquidating $200M appeared first on CryptoSlate.<\/p>\n<p><script type=\"text\/javascript\">\r\namzn_assoc_placement = \"adunit0\";\r\namzn_assoc_tracking_id = \"totafreearti-20\";\r\namzn_assoc_ad_mode = \"search\";\r\namzn_assoc_ad_type = \"smart\";\r\namzn_assoc_marketplace = \"amazon\";\r\namzn_assoc_region = \"US\";\r\namzn_assoc_default_search_phrase = \"bitcoin\";\r\namzn_assoc_default_category = \"All\";\r\namzn_assoc_search_bar = \"false\";\r\namzn_assoc_title = \"\";\r\namzn_assoc_rows =\"1\";\r\n<\/script>\r\n<script src=\"\/\/z-na.amazon-adsystem.com\/widgets\/onejs?MarketPlace=US\"><\/script><br \/>\n<br \/><a href=\"https:\/\/cryptoslate.com\/bitcoin-drops-down-to-27k-range-again-liquidating-170m-and-77k-traders\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (BTC) fell to about $27,235 almost immediately after hitting a price of $30,000, leading to more than $170 million in liquidations. The largest cryptocurrency by market cap rallied\u00a0toward $30,000 earlier in the day, which led to more than $70 million in liquidations for short traders in the last 24 hours. Nearly $200 million liquidated [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":11693,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_wp_rev_ctl_limit":""},"categories":[3],"tags":[],"class_list":["post-11692","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum-news"],"_links":{"self":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/11692","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11692"}],"version-history":[{"count":1,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/11692\/revisions"}],"predecessor-version":[{"id":11694,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/11692\/revisions\/11694"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/media\/11693"}],"wp:attachment":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11692"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11692"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11692"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}