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Futures Liquidations Near $204.11 Million in 24 Hours

Son Min

Summary

Within the past 24 hours, a total of $204.11 million in position liquidations occurred in the cryptocurrency perpetual futures market.
Long position liquidations totaled $140.45 million, surpassing short position liquidations of $63.66 million.
Ethereum and XRP saw position liquidations worth $30.84 million and $19.5 million, respectively, and both showed slight increases compared to 24 hours ago.

In the past 24 hours, the scale of position liquidations in the cryptocurrency perpetual futures market reached $204.11 million.

According to CoinGlass data on the 13th (local time), the total size of futures position liquidations in the crypto market over the last 24 hours was $204.11 million. There were more long position liquidations than short. More specifically, $140.45 million of long positions were liquidated, while $63.66 million of short positions were liquidated.

Ethereum (ETH) saw $30.84 million in position liquidations within 24 hours, with $22.69 million in long positions and $8.15 million in short positions liquidated. XRP followed, with $19.5 million liquidated. The liquidation breakdown for long and short positions was $14.9 million and $4.6 million, respectively.

As of 10:08 AM, according to the Binance USDT market, Ethereum and XRP are trading at $2,947 and $2.7457, respectively, up 0.50% and 0.47% compared to 24 hours ago.

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