The cryptographic market experienced significant liquidations, for a total of around $ 291 million, or approximately ₱ 16.1 billion, in the last 24 hours when Bitcoin returned to the $ 100,000 brand.
- $ BTC led the list with $ 113.9 million in liquidations, followed by $ ETH at $ 64.7 million.
- The Token $ Kaito of Information Finance with AI (Infofi) also experienced significant liquidations of $ 12.8 million.
- Among the meme coins, $ Doge had $ 6.49 million in liquidations, $ Fartcoin, based in Solana, had $ 4.83, and the $ Trump of the president of the United States, Donald Trump, registered $ 3.65 million.
- Altcoins such as $ Sol and $ Sui also faced liquidations of $ 8.74 million and $ 6,49 million, respectively.
This followed the increase of $ BTC to $ 100,000, driven by the continuous optimism around commercial relations between the United States and China.
Liquidation breakdown in the last 24 hours
- Total affected merchants: 107,648
- Larger individual settlement: $ 10.59 million BTC- $ USDC Commerce in crypto binance
- Long positions: $ 73.36 million in liquidations
- Short positions: $ 526 million in liquidations
Impact of exchanges
- Binance: $ 104.63 million (70.13% short positions)
- EBIT: $ 90.19 million (71.88% short positions)
- OKX: $ 38.85 million (67.1% short positions)
- Gate.io: $ 36.34 million (71.38% short positions)
- Cooperative: $ 233.63 million (83.33% of short positions)
- Coinx: $ 2.68 million (79.78% short positions)
- Bitfinex: $ 325,740 (75.25% long positions)
- Bitmex: $ 245,330 (77.03% short positions)
American commercial treatment
Bitcoin increased to more than $ 99,000, the highest since February, in the midst of speculation on an American-Real Commercial Agreement dismissed by Trump and a Federal Reserve Rate Pause at 4.25% to 4.50%.
According The New York TimesThe agreement includes Britain and could represent a great diplomatic advance after months of economic tensions fed with tariffs under the Trump’s “Liberation Day” policy agenda.
Additional over -teaching factors
Metaplenet bought $ 555 BTC
Another reason for the $ BTC increase is that Metaplenet, based in Tokyo, announced that it will issue another $ 25 million in bonds, its second sale in the days, for Evo Fund to buy more than the cryptocurrency.
Zero interest bonds mature on November 6, 2025. The company too revealed Recently it acquired $ 555 BTC worth ¥ 7.63 billion ($ 53.5 million), which takes its total holdings to $ 5,555 BTC, the largest among public companies outside North America. After the news, Metaplenet’s actions increased by 11.5%.
Commerce between the United States and China
Optimism about the next US-China commercial conversations established for May 10 to 11 is also noted As driver of the $ BTC price. The feeling of the market is promoted by the hope that conversations relieve the ongoing tariff war (USA in 145%, China to 125%), creating a more stable global economy that favors risk assets such as Crypto.
This article is published in Bitpins: Quick Take: Crypto Liquidations Top $ 291m as Bitcoin Reviews $ 100k Level
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