[{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/techloot.co.uk\/cryptocurrency\/significant-drop-in-cryptocurrency-prices-as-200-million-in-long-bets-are-offloaded\/#BlogPosting","mainEntityOfPage":"https:\/\/techloot.co.uk\/cryptocurrency\/significant-drop-in-cryptocurrency-prices-as-200-million-in-long-bets-are-offloaded\/","headline":"Sharp Decline in Crypto Market as Over $359 Million in Long Bets Liquidated","name":"Sharp Decline in Crypto Market as Over $359 Million in Long Bets Liquidated","description":"The cryptocurrency market experienced a sharp decline today as a substantial volume of long bets were offloaded, affecting major cryptocurrencies. Bitcoin, Ethereum, Solana, among others, saw their prices drop significantly due to the selling of long positions. Significant cryptocurrencies like Bitcoin and Ethereum experienced notable losses today. As of the latest data from CoinGecko, Bitcoin’s…","datePublished":"2024-04-13","dateModified":"2024-04-23","author":{"@type":"Person","@id":"https:\/\/techloot.co.uk\/author\/andre\/#Person","name":"Andrej Kovacevic","url":"https:\/\/techloot.co.uk\/author\/andre\/","image":{"@type":"ImageObject","@id":"https:\/\/techloot.co.uk\/wp-content\/uploads\/2017\/06\/techloot-editor-150x150.jpg","url":"https:\/\/techloot.co.uk\/wp-content\/uploads\/2017\/06\/techloot-editor-150x150.jpg","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Tech Loot","logo":{"@type":"ImageObject","@id":"https:\/\/techlootio.wpengine.com\/wp-content\/uploads\/2018\/09\/techloot-footer-logo.png","url":"https:\/\/techlootio.wpengine.com\/wp-content\/uploads\/2018\/09\/techloot-footer-logo.png","width":600,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/techloot.co.uk\/wp-content\/uploads\/2024\/02\/bitocin.jpg","url":"https:\/\/techloot.co.uk\/wp-content\/uploads\/2024\/02\/bitocin.jpg","height":852,"width":1291},"url":"https:\/\/techloot.co.uk\/cryptocurrency\/significant-drop-in-cryptocurrency-prices-as-200-million-in-long-bets-are-offloaded\/","commentCount":"3","comment":[{"@type":"Comment","@id":"https:\/\/techloot.co.uk\/cryptocurrency\/significant-drop-in-cryptocurrency-prices-as-200-million-in-long-bets-are-offloaded\/#Comment1","dateCreated":"2024-04-14 13:51:06","description":"Hello my darling, I just wanted to express how well written and comprehensive this post is, covering almost all the essential details. More blogs like this one would be nice, in my opinion.","author":{"@type":"Person","name":"tempmail","url":"https:\/\/maillog.org\/"}},{"@type":"Comment","@id":"https:\/\/techloot.co.uk\/cryptocurrency\/significant-drop-in-cryptocurrency-prices-as-200-million-in-long-bets-are-offloaded\/#Comment2","dateCreated":"2024-04-14 07:54:08","description":"Thank you for your response! I appreciate your openness to exploring various topics. If you have any specific questions or areas of interest you'd like to discuss, please feel free to share them. Whether it's about the latest advancements in technology, recent scientific discoveries, thought-provoking literary works, or any other subject, I'm here to offer insights and assistance. Just let me know how I can help, and I'll do my best to provide valuable information and engage in meaningful discussions!","author":{"@type":"Person","name":"NeuroTest Review","url":"https:\/\/NeuroTest.nutritionistwellness.com\/"}},{"@type":"Comment","@id":"https:\/\/techloot.co.uk\/cryptocurrency\/significant-drop-in-cryptocurrency-prices-as-200-million-in-long-bets-are-offloaded\/#Comment3","dateCreated":"2024-04-13 22:46:28","description":"You're very welcome! I'm glad to hear that you're open to exploring various topics. If you have any specific questions or areas of interest you'd like to delve into, please feel free to share them. Whether it's about the latest advancements in technology, recent scientific discoveries, thought-provoking literary works, or any other subject, I'm here to offer insights and assistance. Just let me know how I can help, and I'll do my best to provide valuable information and engage in meaningful discussions!","author":{"@type":"Person","name":"Proton Keto Gummies Review","url":"https:\/\/www.nutritionistwellness.com\/proton-keto-gummies\/"}}],"about":["Cryptocurrency"],"wordCount":174,"keywords":["#CryptoCrash","#CryptocurrencyMarket","#Toncoin","Bitcoin","Ethereum","solana"],"articleBody":"The cryptocurrency market experienced a sharp decline today as a substantial volume of long bets were offloaded, affecting major cryptocurrencies. Bitcoin, Ethereum, Solana, among others, saw their prices drop significantly due to the selling of long positions.Significant cryptocurrencies like Bitcoin and Ethereum experienced notable losses today. As of the latest data from CoinGecko, Bitcoin’s value fell to just under $68,008, marking a more than 3% decrease within the past day\u2014a notable decline from its March peak of $73,737.Ethereum saw an even steeper fall over the last 24 hours with a 5% decrease, now trading at approximately $3,413.Among the major cryptocurrencies, Solana recorded a nearly 7% fall, while Toncoin, which has shown remarkable performance this week, saw a sharp decrease. After nearly surpassing Dogecoin earlier in the week, it is now priced at $6.65, down over 7%.The downturn in the crypto market reflects the massive liquidation of long positions, with CoinGlass reporting that over $200 million worth of bets were offloaded in just the last hour. In total, nearly $359 million in long positions were liquidated over the past day."},{"@context":"https:\/\/schema.org\/","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Cryptocurrency","item":"https:\/\/techloot.co.uk\/cryptocurrency\/#breadcrumbitem"},{"@type":"ListItem","position":2,"name":"Sharp Decline in Crypto Market as Over $359 Million in Long Bets Liquidated","item":"https:\/\/techloot.co.uk\/cryptocurrency\/significant-drop-in-cryptocurrency-prices-as-200-million-in-long-bets-are-offloaded\/#breadcrumbitem"}]}]