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Bitcoin price exceeds $30,000 and liquidates $450M short position in 24 hours.

Approximately 14,000 BTCs or $450 million of sale positions were liquidated within 24 hours.

Bitcoin exceeds $30,000 for the first time.

The Trust Project is an international consortium of media organisations based on transparency standards.

A total of $450 million was liquidated on the exchanges in the last 24 hours according to the data analysis site

450M liquidated on the BTC
The rise of Bitcoin (BTC) above $30,000 has led to numerous liquidations of short positions taken by traders.

Liquidation BTC Bybt
No less than $450 million or about 14,000 BTCs have been liquidated on the exchanges. 90% of the liquidations have taken place in the last twelve hours.

While many celebrated the event, others saw their situation deteriorate in just a few hours. A $10 million position was even liquidated on the BitMEX exchange.

On the overall market
Across the market as a whole, $600 million has been liquidated in the last 24 hours. The Binance and Huobi exchanges are the most liquid.