Скачать или смотреть Ether Drops to $3.8K As Over $12.5M Futures Liquidated

Ether Drops to $3.8K As Over $12.5M Futures Liquidated Ether saw a volatile session in early Asian hours on Monday even as the broader market slightly declined, data from analytics tool Coinglass showed. Prices fell nearly $100 to $3,840, a 3% drop in 24 hours, following a muted weekend and a slight slide in top cryptocurrencies on Monday. $12.69 million worth of ether futures were liquidated on Monday morning alone, nearly double the $6 million figure of bitcoin liquidations. Coinglass analytics showed $11.89 million worth of liquidations originated from ‘long’ traders, or those borrowing from exchanges to bet on higher ether prices. These happen primarily in futures trading, which only tracks asset prices, as opposed to spot trading, where traders own the actual assets. Elsewhere, prices of XRP jumped 10% from $0.82 to $0.91 during Asian hours. Traders took profits at those levels and prices then retracted to $0.87 in early European hours. The volatility saw liquidations reach $2 million in Asian hours. Crypto markets saw a slide in early Asian hours following reports of bond defaults and weakening privatization of real estate in China.