Ad
CryptoSlate on Substack
Daily digest of top crypto stories and market insights. Never miss out.
Join 90k+ subscribers
Insights
Bitcoin ETFs bring in over $6 billion in November after another $1 billion day Solana hits new $264 all-time high as DEX volume reaches $100 billion monthly milestone US Bitcoin ETFs surpass $100 billion, pose challenge to largest Bitcoin holders Bitcoin surges to $97k as market leverage hits historic $63 billion Memecoin revival drives Solana DEX Raydium past Tether in fees
Bitcoin back over $30,000 – spot driven rally, minimal amount of liquidations Bitcoin back over $30,000 – spot driven rally, minimal amount of liquidations James Van Straten · 2 years ago
Insights Bitcoin

Bitcoin back over $30,000 – spot driven rally, minimal amount of liquidations

Data via Glassnode

Bitcoin fights its way back to over $30,000 in a spot-driven rally — liquidations and open interest remain muted.

James Van Straten / @jvs_btc / Apr. 18, 2023 at 2:00 pm UTC

Quick Take

  • Bitcoin is back over $30,000 — 3% up on the day.
  • Shorts got liquidated by only $20 million in the past four hours.
  • While open interest stays relatively flat — denoting spot buying behavior.
OI: (Source: Glassnode)
OI: (Source: Glassnode)
Liquidations: (Source: CoinGlass)
Liquidations: (Source: CoinGlass)
BTCUSD: (Source: Trading View)
BTCUSD: (Source: Trading View)
Analyst

James Van Straten

Former Lead Analyst at CryptoSlate

James fervently appreciates data, technology, and trend-spotting. As a tech and liberty maximalist, he hails Bitcoin as the 21st century's paramount invention.

Latest Insights
Bitcoin ETFs bring in over $6 billion in November after another $1 billion day

Bitcoin ETFs bring in over $6 billion in November after another $1 billion day

Data via Glassnode 17 hours ago
Solana hits new $264 all-time high as DEX volume reaches $100 billion monthly milestone

Solana hits new $264 all-time high as DEX volume reaches $100 billion monthly milestone

17 hours ago
US Bitcoin ETFs surpass $100 billion, pose challenge to largest Bitcoin holders

US Bitcoin ETFs surpass $100 billion, pose challenge to largest Bitcoin holders

1 day ago
Latest Alpha Market Report
Polymarket: A revolution in prediction markets
Available exclusively via

Polymarket: A revolution in prediction markets

Andjela Radmilac · 1 hour ago

CryptoSlate's latest report dives deep into Polymarket's evolution, its pivotal role in high-stakes prediction events like US elections, and the implications of its controversies on its market position.

Disclaimer: Our writers' opinions are solely their own and do not reflect the opinion of CryptoSlate. None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article. Buying and trading cryptocurrencies should be considered a high-risk activity. Please do your own due diligence before taking any action related to content within this article. Finally, CryptoSlate takes no responsibility should you lose money trading cryptocurrencies.

In this insight

Bitcoin BTC (24h)
$98,562.20 -0.01%
Vol: $76.48B MCap: $1.95T

Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.

More about Bitcoin

Glassnode

Analytics, Research Company in Europe

Glassnode brings data intelligence to the blockchain and cryptocurrency space.

More about Glassnode

Featured Data Partner

Make better trading decisions with Glassnode

Most Viewed

 Ad
CryptoSlate on X x.com/cryptoslate
Follow us on X for your essential dose of daily crypto news and deep dives.
Follow @cryptoslate
 Ad