Bitcoins surge to new annual high cost traders $440m
Crypto market liquidations | Source: CoinGlass In the past 24 hours, 148,093 traders were liquidated, the total liquidations comes in at $435.6 million. More than 90% of the liquidations were distributed among OKX, Bybit, Binance, and Huobi. Liquidated positions in different cryptos | Source: CoinGlass Yesterday evening, the price of BTC renewed its annual high, approaching $38,000. At the time of writing, the main cryptocurrency is trading at $36,500. The sharp increase began against the backdrop of another wave of speculation surrounding the approval of applications for a spot Bitcoin ETF by the US Securities and Exchange Commission (SEC). On Nov. 9, 2023, the Nasdaq exchange also filed an application to register the iShares Ethereum Trust with the US Securities and Exchange Commission.