Editor's PiCK
Bitcoin Hits Another All-Time High... 24-Hour Futures Liquidations Near $703.12 Million
Summary
- It was reported that a total of $703.12 million in liquidations occurred in the cryptocurrency perpetual futures market over the past 24 hours.
- Notably, while Bitcoin once again set an all-time high, $590.68 million in short position liquidations accounted for the majority of the total.
- Bitcoin and Ethereum are trading at $122,090 and $3,026, respectively, with Bitcoin's single asset liquidation amount reaching $444.94 million.
Over the past 24 hours, the size of position liquidations in the cryptocurrency perpetual futures market was recorded at $703.12 million.
According to Coinglass data on the 14th (local time), a total of $703.12 million worth of futures positions were liquidated in the crypto market over the past 24 hours. Bitcoin (BTC) once again set a new all-time high (ATH), resulting in more liquidations of short (sell) positions. Specifically, $112.44 million in long positions and $590.68 million in short positions were liquidated.
The most significant liquidations occurred in Bitcoin. Bitcoin saw $444.94 million in positions liquidated over 24 hours, with $9.21 million in long positions and $435.73 million in short positions being wiped out, respectively. Ethereum (ETH) ranked second, with $79.09 million in positions liquidated during the same period. The amounts for long and short positions were $26.73 million and $52.36 million, respectively.
As of 3:16 p.m., on Binance USDT market, Bitcoin and Ethereum are trading at $122,090 and $3,026, up 3.67% and 2.52%, respectively, compared to 24 hours ago.
Meanwhile, today, Bitcoin has reached a new all-time high of $122,666 on Binance.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit![[Exclusive] South Korea’s FSS to look into ZKsync coin after a 1,000% surge in just three hours](https://media.bloomingbit.io/PROD/news/073d8ae6-ffa0-4b8b-85dd-3f131d9eb908.webp?w=250)
