Crypto Perpetual Contracts Liquidation: Understanding the Recent 24-Hour Scale
CryptoNewsTerminal Staff18 Aug, 2024
Crypto Perpetual Contracts Liquidation: Understanding the Recent 24-Hour Scale
### Bitcoin (BTC) In the last 24 hours, Bitcoin (BTC) perpetual contracts worth $22.14 million have been liquidated. Of this amount, longs account for $15.75 million (71.14%), while shorts account for $6.39 million. ### Ethereum (ETH) The total liquidation value for Ethereum (ETH) perpetual contracts in the last 24 hours is $20.99 million. Longs contributed $14.69 million (69.96%) to this total, while shorts contributed $6.31 million. ### Solana (SOL) Solana (SOL) perpetual contract liquidations over the past 24 hours have reached $4.24 million. Long liquidations total $2.12 million, while short liquidations amount to $2.13 million. This indicates a balanced distribution of liquidations between long and short positions, with a slight edge towards shorts (50.12%).
