In the past 24 hours, the total network contract liquidation was US$1.712 billion, mainly due to long orders

avatar
PANews
12-10
This article is machine translated
Show original

PANews reported on December 10 that according to Coinglass data, the cryptocurrency market saw $1.712 billion in total contract liquidations in the past 24 hours, with 569,330 people being liquidated, of which $1.551 billion were long positions and $162 million were short positions. The total liquidation amount for BTC was $183 million, and the total liquidation amount for ETH was $240 million.

OKX market data shows that Bitcoin fell sharply in the early hours of the day, briefly touching $94,000, but has since rebounded to above $97,000, currently trading at $97,240.9, down 0.56% for the day.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
4
Add to Favorites
3
Comments