Editor's PiCK
[Market Update] $330 Million in Crypto Futures Liquidated in the Last 24 Hours... Ethereum Long Liquidations Lead
Minseung Kang
Summary
- It was reported that a total of $337.46 million was liquidated in the crypto futures market over the past 24 hours.
- The scale of Ethereum's futures liquidations surpassed Bitcoin, reaching $58.66 million.
- Bitcoin's price was reported to have fallen by 0.14% to $97,355.
Cryptocurrencies, including Bitcoin (BTC), have shown significant volatility, leading to large-scale liquidations in the futures market.
According to data from the cryptocurrency market data analysis firm CoinGlass, a total of $337.46 million was liquidated in the futures market over the past 24 hours. Long (buy) liquidations amounted to $222.50 million, while short (sell) liquidations were $114.96 million.
On this day, the scale of Ethereum's futures liquidations surpassed that of Bitcoin. Bitcoin futures liquidations amounted to $50.63 million, while Ethereum recorded $58.66 million.
The price of BTC is trading at $97,355, down 0.14% from the previous day, based on the Binance USDT market at 10:09 AM.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
