BTC, $296M in Crypto Positions Liquidated Over 24 Hours
According to CoinGlass, $296 million worth of positions were liquidated across the broader cryptocurrency market over the past 24 hours, PANews reported.
Of the total liquidations, short positions accounted for $216 million, while long positions totaled $79.62 million. By asset, Bitcoin (BTC) saw $104 million in liquidations, Ethereum (ETH) $85.74 million, and Zcash (ZEC) $18.19 million.
Strategy Reveals Plan for Additional Bitcoin Purchases
Michael Saylor has revealed that Strategy plans to make additional Bitcoin purchases, according to Bitcoin Historian.
The company did not disclose the specific purchase amount or timing. Strategy has drawn market attention for its corporate Bitcoin holding strategy.
BTC Falls to $61,981.10
Bitcoin (BTC) has slipped below the $62,000 level.
According to PANews, citing OKX market data, Bitcoin traded at $61,981.10, down 0.19% on the day.
As the benchmark asset of the crypto market, Bitcoin’s short-term price movement can influence investor sentiment across major cryptocurrencies.
Elon Musk Could Become the World’s First Trillionaire if SpaceX Goes Public
According to Odaily, Elon Musk could become the world’s first trillionaire if SpaceX proceeds with an initial public offering.
The report mentioned June 12 as the potential listing date. SpaceX is the space company led by Musk, and its valuation and listing status could significantly affect the assessment of his net worth.
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