24-Hour Cryptocurrency Perpetual Swaps Liquidation Statistics

IconCryptoNewsTerminal Staff15 Aug, 2024

cryptonews.jpg

24-Hour Cryptocurrency Perpetual Swaps Liquidation Statistics

Cryptocurrency perpetual swaps have witnessed significant forced liquidations in the past 24 hours. The total liquidation scale for Bitcoin (BTC) reached $78.62 million, with a liquidation ratio of 71.51% for long positions. Ethereum (ETH) perpetual swaps saw a liquidation scale of $70.82 million and a higher liquidation ratio of 87.93% for long positions. Meanwhile, Solana (SOL) perpetual swaps had a liquidation scale of $10.97 million, with a liquidation ratio of 55.13% for long positions. These statistics indicate a surge in forced liquidations, particularly among long positions, showcasing market volatility and risk exposure in the cryptocurrency derivatives space.