PANews reported on June 22 that Coinglass data showed that in the past hour, the entire network had a liquidation of $139 million, of which $134 million was liquidated for long orders and $5.5447 million was liquidated for short orders. In addition, the entire network had a liquidation of more than $163 million in the past four hours.


Macro analyst Luke Gromen’s comments come amid an ongoing debate over whether Bitcoin or Ether is the more attractive long-term option for traditional investors. Macro analyst Luke Gromen says the fact that Bitcoin doesn’t natively earn yield isn’t a weakness; it’s what makes it a safer store of value.“If you’re earning a yield, you are taking a risk,” Gromen told Natalie Brunell on the Coin Stories podcast on Wednesday, responding to a question about critics who dismiss Bitcoin (BTC) because they prefer yield-earning assets.“Anyone who says that is showing their Western financial privilege,” he added.Read more

