Editor's PiCK

24-hour futures liquidation amount approaches 700 million dollars dollars

Son Min

Summary

  • It reported that over the past 24 hours, position liquidations in the virtual asset perpetual futures market reached 717.71 million dollars.
  • In particular, it reported that Bitcoin saw 235.05 million dollars of position liquidations.
  • Ethereum recorded 159.84 million dollars of liquidations over the same period.

Over the past 24 hours, the liquidation volume of positions in the virtual asset (cryptocurrency) perpetual futures market was recorded at 717.71 million dollars.

On the 17th (local time), according to CoinGlass data, a total of 717.71 million dollars worth of futures positions were liquidated in the virtual asset market over the past 24 hours. Specifically, long positions totaling 529.9 million dollars were liquidated, and short positions totaling 187.81 million dollars were liquidated.

The asset with the largest liquidation amount was Bitcoin (BTC). Bitcoin saw 235.05 million dollars worth of positions liquidated over 24 hours, of which long and short positions accounted for 175.54 million dollars and 59.51 million dollars, respectively. Ethereum (ETH) saw 159.84 million dollars liquidated over the same period, with long positions accounting for 106.93 million dollars and short positions 52.91 million 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?