Editor's PiCK

24-hour futures liquidations record $244.07 million

Son Min

Summary

  • It reported that over the past 24 hours the virtual assets perpetual futures market saw $244.07 million in position liquidations.
  • It said the largest liquidation was in Ethereum (ETH), with $68.47 million in positions liquidated.
  • For Bitcoin (BTC), $48.47 million was liquidated, and liquidations were concentrated in both long and short positions.

Over the past 24 hours, the position liquidation amount in the virtual assets perpetual futures market was $244.07 million.

According to Coinglass data on the 3rd (local time), a total of $244.07 million in futures positions were liquidated in the virtual assets market over the past 24 hours. Specifically, $119.84 million in long positions were liquidated and $124.24 million in short positions were liquidated.

The asset with the largest liquidation amount was Ethereum (ETH). Ethereum experienced $68.47 million in position liquidations over 24 hours, of which $42.29 million in long positions and $26.18 million in short positions were liquidated. Bitcoin (BTC) saw $48.47 million disappear over the same period. The liquidation amounts for long and short positions were approximately $21.63 million and $26.85 million, respectively.

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Son Min

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