24-Hour Crypto Perpetual Contract Liquidation Size and Ratio Analysis

IconCryptoNewsTerminal Staff30 Jul, 2024

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24-Hour Crypto Perpetual Contract Liquidation Size and Ratio Analysis

The 24-hour crypto perpetual contract liquidation size and liquidation ratio provide insights into the market sentiment and traders' behavior. Here's a summary: BTC Liquidations - Liquidation size: $25.41 million - Long liquidations: $18.48 million (72.74%) - Short liquidations: $6.93 million (27.26%) ETH Liquidations - Liquidation size: $25.83 million - Long liquidations: $21.80 million (84.4%) - Short liquidations: $4.03 million (15.6%) SOL Liquidations - Liquidation size: $6.90 million - Long liquidations: $4.05 million (58.74%) - Short liquidations: $2.84 million (41.26%) The high liquidation ratios for BTC and ETH indicate that the majority of liquidations occurred on long positions, suggesting that traders were expecting a price increase but were caught off guard by a downturn. In contrast, the lower liquidation ratio for SOL suggests a more balanced sentiment between long and short positions. Traders should consider these liquidation metrics in conjunction with other market indicators to make informed trading decisions and manage their risk effectively.

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