Following on relatively boring Fridays and Saturdays, Bitcoin prices attacked Sunday evening, reaching their highest level at $106,000 since the end of January.
However, the bear quickly stepped up at this point, and the assets were quickly plunged by the two grounds.
Think about the market watch this morning. This informed that BTC returned to familiar ground for around $104,000 after a short flood of less than $103,000.
Live data from Coinglass shows that large market participants have closed some of his positions.
This has happened in the past few hours. Meanwhile, the price of BTC rapidly rose from $104,000 to $106,000 at its peak in months, facing violent rejection and was pushed south within minutes.
The total amount of shipwrecked positions has risen to almost $280 million on a daily scale, most of which has been done in the past 12 hours.
The BTC short position actually has the second largest share of the pie, as ETH dominates at over $80 million.
Coinglass said that over 90,000 traders have been destroyed on the past day, but one biggest liquidation position occurred at HTX, worth $8.21 million.