24-hour futures liquidations near $300 million

Son Min

Summary

Over the past 24 hours, the digital asset perpetual futures market saw a total of $295.1 million in position liquidations, according to Coinglass data.
$66.95 million were liquidated in Ethereum (ETH) and $52.03 million in Bitcoin (BTC), and both assets showed a higher share of long position liquidations.
This large-scale liquidation event suggests that investors need to be cautious about market volatility.

Over the past 24 hours, the size of position liquidations in the digital asset (cryptocurrency) perpetual futures market amounted to $295.1 million.

On the 24th (local time), according to Coinglass data, a total of $295.1 million worth of futures positions were liquidated in the digital asset market over the past 24 hours. Specifically, $211.23 million of long positions were liquidated, and $83.87 million of short positions were liquidated.

The asset with the largest liquidation volume was Ethereum (ETH). Ethereum saw $66.95 million in liquidated positions over 24 hours, of which $45.65 million were long positions and $21.30 million were short positions. Second place went to Bitcoin (BTC). During the same period, Bitcoin had $52.03 million in liquidations, of which long positions accounted for $43.24 million and short positions for $8.78 million.

BTC

ETH