Cryptocurrency markets are trading higher, with long liquidations spiking to the highest level in over a week.

CryptocurrencyPriceGains +/-Bitcoin BTC/USD$65,168.3+2.8%Ethereum ETH/USD $3,474.3+1.7%Solana SOL/USD$161.7+3.8%Dogecoin DOGE/USD$0.1259+3.5%Shiba Inu SHIB/USD$0.00001954+5.6%

Notable Statistics:

IntoTheBlock data shows large transaction volume increasing 82.2%, while transactions greater than $100,000 surged from 5,590 as of July 14 to 8,516 as of July 15. Notably, 91% of Bitcoin holders are currently in profit, with the remaining 9% at breakeven.

Coinglass data revealed 73,154 traders liquidated in the past 24 hours for $229.3 million. Long liquidations ($91.3 million)… Read more on Benzinga