Summary
- Over the past 24 hours, a total of $155.44 million worth of positions in the virtual asset perpetual futures market have been liquidated.
- The liquidated positions consisted of long positions worth $82.63 million and short positions worth $72.82 million, indicating an even distribution on both sides.
- The largest liquidation amount was recorded by Ethereum, while Bitcoin rose 0.77% over the past 24 hours to trade at $105,144.
In the past 24 hours, the scale of liquidated positions in the virtual asset (cryptocurrency) perpetual futures market reached $155.44 million.
According to Coinglass on the 2nd (local time), a total of $155.44 million worth of futures positions were liquidated in the virtual asset market over the past 24 hours. As Bitcoin (BTC) showed sideways movement, the liquidation of both short (sell) and long (buy) positions was evenly distributed. Specifically, $82.63 million in long positions and $72.82 million in short positions were liquidated.
The asset that recorded the largest liquidation amount was Ethereum (ETH). Ethereum saw $40.33 million in positions liquidated over 24 hours, with long and short positions accounting for $25.57 million and $14.76 million, respectively. Bitcoin ranked second over the same period, losing $32.27 million. The liquidation amounts for long and short positions stood at $10.90 million and $21.37 million, respectively.
As of 3:44 PM, based on Binance USDT market prices, Bitcoin is trading at $105,144, up 0.77% from 24 hours ago, while Ethereum is trading at $2,497, down 0.79%.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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