Over the past 24 hours, the cryptocurrency perpetual futures market has seen significant liquidations, with short positions bearing the brunt of the losses. Ethereum (ETH) led with $120 million in liquidations, of which 89.48% were short positions. Bitcoin (BTC) followed with $108 million liquidated, with shorts accounting for 83.95% of the total. Solana (SOL) saw $21.95 million in liquidations, where short positions comprised 91.05% of the volume.
Shorts account for bulk of $250M in crypto futures liquidations
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
Add to Favorites
Comments
Share






