Editor's PiCK

24-hour futures liquidation amount nears $256,890,000

Son Min

Summary

  • Over the past 24 hours, the size of position liquidations in the crypto perpetual futures market was recorded at $256,890,000.
  • The asset with the largest liquidation was Bitcoin (BTC), with $66,190,000 in positions liquidated.
  • Ethereum (ETH)'s liquidation amount was $51,740,000, with long positions of $32,240,000 and short positions of $19,500,000 liquidated.

Over the past 24 hours, the size of position liquidations in the crypto (cryptocurrency) perpetual futures market was recorded at $256,890,000.

On the 6th (local time), according to CoinGlass data, a total of $256,890,000 worth of futures positions were liquidated in the crypto market over the past 24 hours. Specifically, long positions worth $177,130,000 were liquidated, and short positions worth $79,760,000 were liquidated.

The asset with the largest liquidation was Bitcoin (BTC). Over 24 hours, Bitcoin saw $66,190,000 in position liquidations, of which long and short positions accounted for $48,740,000 and $17,450,000 respectively. Ethereum (ETH) saw $51,740,000 in liquidations during the same period, of which long positions were $32,240,000 and short positions were $19,500,000.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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