Liquidation Volume of Cryptocurrency Perpetual Futures Surges in the Past 24 Hours
CryptoNewsTerminal Staff02 Sep, 2024
Liquidation Volume of Cryptocurrency Perpetual Futures Surges in the Past 24 Hours
The liquidation volume and liquidation ratio of cryptocurrency perpetual futures have witnessed a significant surge in the past 24 hours. BTC Liquidation Volume: Total liquidation volume: $19.8 million Long liquidation volume: $3.39 million Short liquidation volume: $16.41 million Liquidation ratio: Short 82.89% ETH Liquidation Volume: Total liquidation volume: $12.9 million Long liquidation volume: $3.57 million Short liquidation volume: $9.34 million Liquidation ratio: Short 72.36% SOL Liquidation Volume: Total liquidation volume: $7.4 million Long liquidation volume: $2.64 million Short liquidation volume: $4.76 million Liquidation ratio: Short 64.39% These metrics indicate a trend of increased volatility and risk in the cryptocurrency market, particularly among short-position traders. Traders should exercise caution and manage their risk exposure accordingly.
