Editor's PiCK

24-hour futures liquidations near $352,260,000

Son Min

Summary

  • Over the past 24 hours, a total of $352,260,000 in position liquidations occurred in the crypto assets perpetual futures market.
  • The liquidation volume was $124,580,000 from long positions and $227,680,000 from short positions.
  • The asset with the largest liquidation volume was Ethereum at $78,380,000, followed by Bitcoin at $63,860,000.

Over the past 24 hours, the scale of position liquidations in the crypto assets (cryptocurrencies) perpetual futures market was recorded at $352,260,000.

According to CoinGlass data on the 7th (local time), a total of $352,260,000 worth of futures positions were liquidated in the crypto market over the past 24 hours. Specifically, $124,580,000 in long positions were liquidated, and $227,680,000 in short positions were liquidated.

The asset with the largest liquidation volume was Ethereum (ETH). Ethereum saw $78,380,000 in position liquidations over 24 hours, of which long positions and short positions accounted for $18,200,000 and $60,180,000 respectively. Bitcoin (BTC) saw $63,860,000 in liquidations over the same period, of which long positions accounted for $15,780,000 and short positions for $48,070,000.

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Son Min

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