24-hour futures liquidations near $271.63 million

Son Min

Summary

CoinGlass data cited that over the past 24 hours, positions totaling $271.63 million were liquidated in the virtual assets perpetual futures market.
It reported that Bitcoin (BTC) accounted for $40.18 million and Ethereum (ETH) accounted for $36.3 million in liquidations.
It also noted that long position liquidations made up a significant portion of the total liquidations.

Over the past 24 hours, the scale of position liquidations in the virtual assets (cryptocurrencies) perpetual futures market amounted to $271.63 million.

On the 10th (local time), according to CoinGlass data, a total of $271.63 million worth of futures positions were liquidated in the virtual assets market over the past 24 hours. Specifically, long positions totaling $164.37 million were liquidated, and short positions totaling $107.26 million were liquidated.

The asset with the largest liquidation amount was Bitcoin (BTC). Bitcoin saw $40.18 million in position liquidations over 24 hours, of which long and short positions accounted for $33.05 million and $7.13 million, respectively. Second place was taken by Ethereum (ETH). Ethereum saw $36.3 million in liquidations over the same period, of which long positions were $27.63 million and short positions were $8.66 million.

BTC

ETH