Liquidations

(Glen Rushton/Unsplash)
Market Wrap: Bitcoin Rallies as Altcoins Take the Lead
Bitcoin rose 11% in the past 24 hours, less than the 13% jump in ETH and 20% rise in NEAR.
(Glen Rushton/Unsplash)

(Africa Studio via Shutterstock)
Crypto Traders See $343M of Liquidations as Bitcoin Dips Below $40K
More than 109,000 traders were liquidated over the past 24 hours.
(Africa Studio via Shutterstock)

(Maximalfocus/Unsplash)
B.Protocol Raises $2.2M to Backstop DeFi Liquidations
1kx, Spartan Group and Robot Ventures are backing a project that aims to smooth DeFi’s sometimes-hairy liquidation events.
(Maximalfocus/Unsplash)

24-hour Bitcoin Chart (Messari)
Bitcoin Drops 5%, Slipping Below $50K on Leverage Washouts
Some $187 million of crypto trading positions were liquidated over the past 24 hours.
24-hour Bitcoin Chart (Messari)

BTC/USDT trading pair on Huobi.
BTC Briefly Dropped Below $40K on Huobi Amid Massive Liquidation
More than $3 billion in long positions were liquidated on Tuesday.
BTC/USDT trading pair on Huobi.

CoinDesk XBX Index
Market Wrap: Musk-Induced Sell-Off Spurs Crypto Price Drop Before a Slight Recovery
Bitcoin dipped below $36K and ether fell under $2.6K on Tesla CEO’s bearish tweets, wiping out some leveraged players in the market.
CoinDesk XBX Index

The bitcoin price has slipped below the key 200-day simple moving average.
Bitcoin Drops Below $31K Before Rebounding; $8B in Liquidations Triggered
The price of bitcoin is now down more than 30% so far in May, on track for its worst month since November 2018.
The bitcoin price has slipped below the key 200-day simple moving average.

Cape Town, South Africa
South African Cryptocurrency Exchange iCE3 Goes Into Liquidation
The company told customers withdrawals from the platform have been disabled, and they will get further details Wednesday.
Cape Town, South Africa

Cryptopia
Users of Hacked Exchange Cryptopia Can Now Make Claims to Recover Funds
The liquidator of the defunct cryptocurrency exchange has opened a portal so former users can begin making claims to retrieve their trapped funds.
Cryptopia