24-hour futures liquidation amount nears $400 million

Son Min

Summary

Over the past 24 hours, position liquidations in the virtual asset perpetual futures market totaled $399.84 million.
Among them, Ethereum (ETH) showed the largest liquidation amount at $115.08 million, followed by Bitcoin (BTC) at $110.77 million.
The fact that large liquidations occurred in both long and short positions highlights the need to pay attention to market volatility.

Over the past 24 hours, position liquidations in the virtual asset (cryptocurrency) perpetual futures market amounted to $399.84 million.

According to CoinGlass data on the 18th (local time), $399.84 million worth of futures positions were liquidated in the virtual asset market over the past 24 hours. Specifically, long positions totaling $171.62 million were liquidated, and short positions totaling $228.22 million were liquidated.

The asset with the largest liquidation amount was Ethereum (ETH). Ethereum saw $115.08 million of positions liquidated over 24 hours, of which long and short positions accounted for $67.67 million and $47.41 million, respectively. Second place went to Bitcoin (BTC). During the same period, Bitcoin saw $110.77 million liquidated, with long positions at $32.69 million and short positions at $78.08 million.

BTC

ETH