Editor's PiCK

24-Hour Futures Liquidation Volume Reaches $140.08 Million

Son Min

Summary

  • It was reported that, in the past 24 hours, positions totaling $140.08 million were liquidated in the digital asset perpetual futures market.
  • A large-scale short (sell) liquidation occurred as Ethereum (ETH) surpassed $2,600, making Ethereum the asset with the highest liquidation volume at $46.74 million.
  • Currently, based on Binance USDT market data, Ethereum and Bitcoin (BTC) are up 2.79% and 0.44%, respectively.

In the past 24 hours, the liquidation volume of positions in the perpetual futures market for digital assets (cryptocurrencies) reached $140.08 million.

According to CoinGlass data on the 9th (local time), a total of $140.08 million worth of futures positions were liquidated in the digital asset market over the last 24 hours. As Ethereum (ETH) surpassed $2,600, there were more liquidations of short (sell) positions. Specifically, $43.11 million in long positions were liquidated, and $96.97 million in short positions were liquidated.

The largest liquidation took place in Ethereum. Over the 24-hour period, Ethereum saw liquidations totaling $46.74 million, with $8.19 million in long positions and $38.56 million in short positions. Bitcoin (BTC) ranked second in the same period with $24.59 million in liquidations. The liquidation volumes for long and short positions were $6.21 million and $18.39 million, respectively.

As of 3:37 PM, based on the Binance USDT market, Bitcoin and Ethereum were up 0.44% and 2.79%, trading at $108,732 and $2,625, respectively.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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