Summary
- Reported that $199.87 million in positions were liquidated in the virtual asset perpetual futures market over the past 24 hours.
- In particular, liquidation of long (buy) positions amounted to $120.67 million, surpassing shorts, with Ethereum recording the largest liquidation at $45.04 million.
- During the same period, the prices of Bitcoin and Ethereum fell by 0.96% and 0.74%, respectively.
Over the past 24 hours, position liquidations in the perpetual futures market for virtual assets (cryptocurrencies) totaled $199.87 million.
According to CoinGlass data on the 1st (local time), the virtual asset market saw a total of $199.87 million in futures positions liquidated over the past 24 hours. As Bitcoin (BTC) fell below $107,000, there were more long position liquidations in the market. Specifically, $120.67 million worth of long positions were liquidated, while short (sell) position liquidations totaled $79.21 million.
Ethereum (ETH) recorded the largest liquidation volume. Ethereum saw $45.04 million in positions liquidated over 24 hours, with $23.59 million in long positions and $21.45 million in short positions liquidated. Bitcoin ranked second for the same period, with $34.2 million in positions liquidated, including $25.38 million in long and $8.82 million in short positions.
As of 6:32 p.m., according to Binance USDT market, Bitcoin and Ethereum are down by 0.96% and 0.74%, trading at $106,639 and $2,455, respectively.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
