Futures Liquidation Amount Reaches $270.67 Million in 24 Hours

Son Min

Summary

It was reported that the liquidation volume in the perpetual futures market for virtual assets reached $270.67 million over the past 24 hours.
Ethereum (ETH) had the highest liquidation amount at $98.81 million, followed by Bitcoin (BTC) with $56.97 million.
Despite continued liquidations, the prices of Bitcoin and Ethereum rose by 0.98% and 3.84%, respectively.

In the past 24 hours, the total liquidation volume in the perpetual futures market of virtual assets (cryptocurrencies) reached $270.67 million.

According to CoinGlass data on the 27th (local time), the total amount of futures positions liquidated in the cryptocurrency market over the past 24 hours was $270.67 million. Specifically, $111.11 million in long positions were liquidated, while $159.57 million in short positions were liquidated.

The largest liquidation occurred with Ethereum (ETH), which saw $98.81 million in positions liquidated over 24 hours. Of this, $38.90 million were long positions and $59.91 million were short positions. Bitcoin (BTC) ranked second during the same period, with $56.97 million liquidated. The liquidation of long positions and short positions amounted to $30.00 million and $26.98 million, respectively.

As of 4:08 PM, based on the Binance USDT market, Bitcoin and Ethereum are trading at $111,049 and $4,584, respectively, up 0.98% and 3.84% from 24 hours ago.

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