PiCK
[Market Update] $330 Million in Crypto Futures Liquidated in the Last 24 Hours... Ethereum Long Liquidations Lead
Minseung Kang
- It was reported that a total of $337.46 million was liquidated in the crypto futures market over the past 24 hours.
- The scale of Ethereum's futures liquidations surpassed Bitcoin, reaching $58.66 million.
- Bitcoin's price was reported to have fallen by 0.14% to $97,355.
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- The article was summarized using an artificial intelligence-based language model.
- Due to the nature of the technology, key content in the text may be excluded or different from the facts.
Cryptocurrencies, including Bitcoin (BTC), have shown significant volatility, leading to large-scale liquidations in the futures market.
According to data from the cryptocurrency market data analysis firm CoinGlass, a total of $337.46 million was liquidated in the futures market over the past 24 hours. Long (buy) liquidations amounted to $222.50 million, while short (sell) liquidations were $114.96 million.
On this day, the scale of Ethereum's futures liquidations surpassed that of Bitcoin. Bitcoin futures liquidations amounted to $50.63 million, while Ethereum recorded $58.66 million.
The price of BTC is trading at $97,355, down 0.14% from the previous day, based on the Binance USDT market at 10:09 AM.
Minseung Kang
minriver@bloomingbit.ioBloomingbit reporterPiCK News
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