Nearly $519.63 million in 24-hour futures liquidations

Over the past 24 hours, the size of liquidated positions in the perpetual futures market for virtual assets (cryptocurrencies) reached $519.63 million.

According to CoinGlass data on the 13th (local time), a total of $519.63 million worth of futures positions have been liquidated in the virtual asset market over the past 24 hours. Specifically, $145.38 million in long positions were liquidated, while $374.25 million in short positions were cleared.

Ethereum (ETH) recorded the largest liquidation volume. Ethereum saw $286.65 million in position liquidations within 24 hours, broken down as $44.50 million in longs and $242.15 million in shorts. Bitcoin (BTC) ranked second during the same period, with $38.21 million liquidated. The amount of long and short liquidations stood at $15.02 million and $23.19 million, respectively.

As of 3:42 PM, according to Binance's USDT market, Bitcoin and Ethereum are being traded at $119,264 and $4,620, respectively, up 0.28% and 7.60% compared to 24 hours ago.