PiCK

24-hour futures liquidation amount nears $300 million

Son Min

Summary

It reported that the total position liquidations in the virtual asset perpetual futures market over the past 24 hours amounted to $316.79 million.
Bitcoin (BTC) showed the largest liquidation amount, with $72.71 million in position liquidations reported.
Ethereum (ETH) also recorded $67.22 million in liquidations, and it was reported that investors' risk management is required.

Over the past 24 hours, the size of position liquidations in the virtual asset (cryptocurrency) perpetual futures market was recorded at $316.79 million.

According to CoinGlass data on the 11th (local time), $316.79 million worth of futures positions were liquidated in the virtual asset market over the past 24 hours. Specifically, long positions totaling $176.84 million were liquidated, and short positions totaling $139.95 million were liquidated.

The largest liquidation was in Bitcoin (BTC). Bitcoin saw $72.71 million in position liquidations over 24 hours, of which long and short positions accounted for $31.93 million and $40.77 million, respectively.

Ethereum (ETH) saw $67.22 million in liquidations during the same period, of which long positions were $40.34 million and short positions were $26.88 million.

BTC

ETH