The network liquidated $94.5229 million worth of contracts in 24 hours.

This article is machine translated
Show original

Over the past 24 hours, the crypto Futures Contract market has seen liquidations totaling $94.5229 million across all networks.

Of that total, Longing orders accounted for $43.3651 million and Short orders for $51.1579 million. CoinAnk data shows that liquidation pressure was distributed in both directions of trading.

BTC recorded $11.6589 million in liquidations, while ETH recorded $14.6663 million. These are the two assets with the largest liquidation volumes in the published statistics.

No further details are available regarding the reasons behind this liquidation. Current data only shows the overall market size of the liquidation and the contribution of each major coin.

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
71
Add to Favorites
11
Comments