24-hour futures liquidations near $300 million

Son Min

Summary

It was reported that over the past 24 hours the virtual asset perpetual futures market saw a total of $381.38 million in position liquidations.
It said long position liquidations amounted to $247.86 million and short position liquidations amounted to $133.52 million.
By asset, Ethereum and Bitcoin recorded liquidation volumes of $69.62 million and $49.30 million, respectively.

Over the past 24 hours, the size of position liquidations in the virtual asset (cryptocurrency) perpetual futures market was recorded at $381.38 million.

According to CoinGlass data on the 23rd (local time), a total of $381.38 million worth of futures positions were liquidated in the virtual asset market over the past 24 hours. Specifically, long positions totaling $247.86 million were liquidated, and short positions totaling $133.52 million were liquidated.

The asset with the largest liquidation volume was Ethereum (ETH). Ethereum saw $69.62 million in position liquidations over 24 hours, of which long and short positions were liquidated at $46.98 million and $22.64 million, respectively. Bitcoin (BTC) ranked second. During the same period, Bitcoin saw $49.30 million in liquidations, of which long positions were $36.76 million and short positions were $12.54 million.

ETH

BTC