More than 127,000 merchants were sinking while Bitcoin is tapping $ 120,000 for the first time since August ATH

The total value of the rugged positions is up to $ 430 million a day.

Uptuber started with a blow while the price of Bitcoin jumped just over $ 120,000 for the first time since mid-August, when he went to a new summit of all time before he was violently rejected.

Many altcoins are also good in the Green Daily, which has resulted in many liquidations for overvalued traders.

Since the aforementioned ATH of the BTC in August, the Bears seemed to have dominated the market, as evidenced by some of the wild oscillations in the last seven weeks. September, which is historically a lower month, provided a rescue rally after the American federal reserve reduced interest rates for the first time in 2025, but this was short -lived.

The overall negative feeling prevailed and BTC slipped below $ 109,000 at the end of the month. However, the Bulls returned to the scene at the start of the current business week, and especially since the start of October.

In the last four days only, the primary cryptocurrency added more than ten large and soaring beyond $ 120,000 a few minutes ago for the first time since these ATH levels mentioned above.

This impressive wave has propelled a massive increase in BTC market capitalization, which is now nearly 2.4 billions of dollars again. Many altcoins have followed suit, led by the massive 40% thrust of ZCASH. XMR, CRO, HASH, ENA, APT and ASTER are the next in terms of daily gains.

Coinglass data show that the total value of the rugged positions during the last day exceeds more than $ 430 million. The number of liquidated traders is also increasing, exceeding 127,000.

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