24-hour futures liquidations near $350 million

Son Min

Summary

It reported that over the past 24 hours the crypto asset perpetual futures market saw $353.18 million in position liquidations.
In particular, Ethereum (ETH) recorded the largest liquidation volume at $128.83 million, and both long positions and short positions were liquidated.
During the same period, Bitcoin (BTC) also had $51.74 million in liquidations, and the liquidation volumes of the two assets were reported to have affected market volatility.

Over the past 24 hours, the liquidation volume of positions in the crypto asset (cryptocurrency) perpetual futures market totaled $353.18 million.

According to CoinGlass data on the 29th (local time), a total of $353.18 million worth of futures positions were liquidated in the crypto market over the past 24 hours. Specifically, $92.29 million of long positions were liquidated and $260.88 million of short positions were liquidated.

The asset with the largest liquidation volume was Ethereum (ETH). Ethereum saw $128.83 million in position liquidations over 24 hours, of which long positions and short positions were liquidated for $10.99 million and $117.84 million, respectively. Bitcoin (BTC) ranked second. During the same period, Bitcoin saw $51.74 million in liquidations, of which long positions accounted for $4.5 million and short positions accounted for $47.24 million.

ETH

BTC