Why Did Fed Inject $29.4B in Liquidity And What Does it Mean For Bitcoin?

OKX-BTC/USDT is currently trading at $104986, with a 5-minute decline of 0.36%. Please pay attention to market fluctuations.

In the past hour, over $127 million of long positions in the cryptocurrency market have been liquidated, indicating increased market volatility. （Cointelegraph）

[Total Liquidation Amount Reaches $123 Million Across the Network in 1 Hour] Data shows that in the past hour, the total liquidation amount across the cryptocurrency market reached $123 million. Among them, long positions accounted for $118 million, while short positions accounted for $4.6155 million. This data reflects a significant increase in market volatility, and investors need to closely monitor market dynamics to mitigate risks.

The current price of ETH is $3533.07, with a decrease of 5.81% in the past 24 hours. Among them, the total liquidation amount of contracts across the entire network in the past 1 hour was 31.83 million US dollars, with multiple orders being the main liquidation, and ETH liquidation of 9.67 million US dollars (30.39%). The data is for reference only.