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Bitcoin hits 24-hour high of $123,637; short position liquidations total $259 million
Suehyeon Lee
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- Bitcoin (BTC) hit a 24-hour high of $123,637.68 in the Binance Tether market.
- It was reported that Bitcoin's price has risen by 2.82% compared to the previous day.
- Short position liquidations in the cryptocurrency market totaled $259 million.
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- The article was summarized using an artificial intelligence-based language model.
- Due to the nature of the technology, key content in the text may be excluded or different from the facts.
In the Binance Tether market, Bitcoin (BTC) has surpassed a 24-hour high of $123,600.
On the 14th (local time), WuBlockchain reported on X that “In the Binance Tether market, Bitcoin hit a 24-hour high of $123,637.68 and is currently trading at $123,334.03, which is a 2.82% increase from a day earlier.”
Meanwhile, according to CoinGlass data cited by WuBlockchain, total liquidations in the cryptocurrency market over the past 24 hours reached around $397 million. Of this, liquidations of short positions accounted for $259 million.
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