Editor's PiCK

24-hour futures liquidation amount nears 666,930,000 dollars

Son Min

Summary

  • Over the past 24 hours, the size of position liquidations in the cryptocurrency perpetual futures market reached 666,930,000 dollars.
  • It reported that liquidations of 181,650,000 dollars occurred for Ethereum (ETH) and 159,110,000 dollars occurred for Bitcoin (BTC).
  • In particular, the size of long position liquidations was larger than that of short position liquidations for both assets.

Over the past 24 hours, the size of position liquidations in the cryptocurrency (crypto) perpetual futures market amounted to 666,930,000 dollars.

On the 8th (local time), according to CoinGlass data, a total of 666,930,000 dollars worth of futures positions were liquidated in the crypto market over the past 24 hours. Specifically, long positions worth 514,950,000 dollars were liquidated, and short positions worth 151,980,000 dollars were liquidated.

The largest liquidation occurred in Ethereum (ETH). Ethereum saw 181,650,000 dollars in position liquidations over 24 hours, of which long positions and short positions accounted for 145,300,000 dollars and 36,350,000 dollars, respectively. Bitcoin (BTC) saw 159,110,000 dollars in liquidations during the same period, of which long positions were 119,840,000 dollars and short positions were 39,270,000 dollars.

publisher img

Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
What did you think of the article you just read?