Summary
- It reported that the liquidation volume in the cryptocurrency perpetual futures market reached $448.13 million over the past 24 hours.
- Ethereum (ETH) showed the largest liquidation volume at $129.79 million, while Bitcoin (BTC) saw $86.90 million in liquidations.
- It said that large-scale liquidations occurred in both long positions and short positions within the market.
Over the past 24 hours, position liquidations in the virtual assets (cryptocurrencies) perpetual futures market amounted to $448.13 million.
According to CoinGlass data on the 16th (local time), a total of $448.13 million worth of futures positions were liquidated in the crypto market over the past 24 hours. Specifically, long positions accounted for $290.26 million in liquidations, while short positions accounted for $157.87 million.
The asset with the largest liquidation volume was Ethereum (ETH). Ethereum saw $129.79 million in liquidations over 24 hours, of which long and short positions accounted for $79.85 million and $49.94 million, respectively. Bitcoin (BTC) saw $86.90 million in liquidations during the same period, with long positions at $58.90 million and short positions at $28.00 million.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit![[Market] Bitcoin falls below $82,000...$320 million liquidated over the past hour](https://media.bloomingbit.io/PROD/news/93660260-0bc7-402a-bf2a-b4a42b9388aa.webp?w=250)
