CivAi (civai)

CivAi

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$DOGE daily : history doesn't repeat itself but it rhymes

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I am afraid that today real total liquidation is a lot more than $2B, by my estimation it should be at least around $8-10b. FYI, Bybit 24hr liquidation alone was $2.1B, As you can see in below screenshot, Bybit 24hr liquidations recorded on Coinglass was around $333m, however, this is not all of the liquidations. We have api limitation on how much feeds are pushed out per second. From my observation, other exchanges also practice the same to limit liquidation data. Moving forward, Bybit will start to PUSH all liquidation data. We believe in transparency.

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According to the analysis of Chapo, CEO of Assure DeFi, Bitcoin's market value and realized value (MVRV) indicator shows that Bitcoin still has room to rise in this cycle. Chapo expects Bitcoin's MVRV to reach 3.2 in 2025, suggesting that Bitcoin will usher in another bull market in 2025. In April 2021, Bitcoin's MVRV reached this level when the price of Bitcoin was $58,253. Currently, Bitcoin's MVRV is 1.95 and the price is $84,416.

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šŸ”„ Hot Trending šŸ’Ž Dogecoin $DOGE šŸ’° Price: $0.205828 āš”ļø 24h change: -0.80% šŸ“ˆ 24h high: $0.20767 šŸ“‰ 24h low: $0.200523 šŸŒ MarketCap: $30,455,294,580

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