**24-Hour Crypto Perpetual Futures Liquidation Surges as Market Volatility Escalates**

**24-Hour Crypto Perpetual Futures Liquidation Surges as Market Volatility Escalates**

The crypto market has been experiencing heightened volatility in recent times, leading to a surge in the 24-hour crypto perpetual futures liquidation volume.
In particular, there has been a significant increase in the liquidation of short positions. This indicates that traders who had bet on the decline of cryptocurrency prices have been squeezed out of their positions as the market has trended upwards. The surge in liquidations has also resulted in a spike in the liquidation ratio, which measures the proportion of liquidated positions relative to the total number of open positions. This ratio has reached levels not seen since the previous significant market correction in May 2022. Breakdown of Liquidated Volume and Liquidation Ratio | Coin | Liquidated Volume (USD) | Liquidation Ratio (Shorts) | |---|---|---| | BTC | $38.8 million | 71.39% | | ETH | $19.64 million | 63.17% | | SOL | $5.82 million | 81.11% | The data shows that short positions have been disproportionately liquidated across the board. This suggests that traders who had anticipated a continued decline in cryptocurrency prices misjudged the market sentiment. As the market continues to exhibit volatility, it is essential for traders to manage their risk exposure carefully. This includes using appropriate leverage and stop-loss orders to mitigate potential losses.