Market Capitalization:3 879 563 668 740,9 USD
Vol. in 24 hours:291 018 743 026,07 USD
Dominance:BTC 58,91%
ETH:12,84%
Market Capitalization:3 879 563 668 740,9 USD
Vol. in 24 hours:291 018 743 026,07 USD
Dominance:BTC 58,91%
ETH:12,84%
Market Capitalization:3 879 563 668 740,9 USD
Vol. in 24 hours:291 018 743 026,07 USD
Dominance:BTC 58,91%
ETH:12,84%
Market Capitalization:3 879 563 668 740,9 USD
Vol. in 24 hours:291 018 743 026,07 USD
Dominance:BTC 58,91%
ETH:12,84%
Market Capitalization:3 879 563 668 740,9 USD
Vol. in 24 hours:291 018 743 026,07 USD
Dominance:BTC 58,91%
ETH:12,84%
Market Capitalization:3 879 563 668 740,9 USD
Vol. in 24 hours:291 018 743 026,07 USD
Dominance:BTC 58,91%
ETH:12,84%
Market Capitalization:3 879 563 668 740,9 USD
Vol. in 24 hours:291 018 743 026,07 USD
Dominance:BTC 58,91%
ETH:12,84%
Market Capitalization:3 879 563 668 740,9 USD
Vol. in 24 hours:291 018 743 026,07 USD
Dominance:BTC 58,91%
ETH:12,84%
Market Capitalization:3 879 563 668 740,9 USD
Vol. in 24 hours:291 018 743 026,07 USD
Dominance:BTC 58,91%
ETH:12,84%
Market Capitalization:3 879 563 668 740,9 USD
Vol. in 24 hours:291 018 743 026,07 USD
Dominance:BTC 58,91%
ETH:12,84%
Yes
>>Bitcoin's recent 17% decline and significant short selling activity hint that the October downturn could be a brief correction.

Bitcoin's recent 17% decline and significant short selling activity hint that the October downturn could be a brief correction.

crypthub
Bitcoin's recent 17% decline and significant short selling activity hint that the October downturn could be a brief correction.

Bitcoin Price Decline

A recent Bitcoin price drop saw a 17% decrease in value. This decline was preceded by significant short positions and increased buying activity from short-term holders near previous price peaks.

Liquidation Events

The market movements resulted in over $20 billion in liquidations. These liquidations occurred as a direct consequence of the sudden price downturn.

On-Chain Activity

Analysis of on-chain data is currently underway to further understand the drivers and impact of the price fluctuation.