Summary
- It reported that over the past 24 hours, $1.37 billion of liquidations occurred in the digital asset perpetual futures market.
- It stated that Bitcoin (BTC) and Ethereum (ETH) had position liquidations of $396.44 million and $362.2 million, respectively, in position liquidations.
- Overall, it reported that large-scale liquidations were concentrated in long positions.
Over the past 24 hours, the size of position liquidations in the digital asset (cryptocurrency) perpetual futures market was recorded at $1.37 billion.
On the 4th (local time), according to CoinGlass data, a total of $1.37 billion worth of futures positions were liquidated in the digital asset market over the past 24 hours. Specifically, $1.23 billion in long positions were liquidated and $142.6 million in short positions were liquidated.
The largest liquidation occurred in Bitcoin (BTC). Bitcoin saw $396.44 million in position liquidations over 24 hours, of which long and short positions were liquidated for $375.51 million and $20.93 million, respectively.
Ethereum (ETH) saw $362.2 million in liquidations over the same period, of which long positions accounted for $324.3 million and short positions for $37.9 million.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
