Last 24hrs Crypto Perpetual Futures Forced Liquidations Value Hits $33.8 Million
CryptoNewsTerminal Staff12 Sep, 2024
Last 24hrs Crypto Perpetual Futures Forced Liquidations Value Hits $33.8 Million
The value of forced liquidations that occurred in the last 24 hours for crypto perpetual futures reached $33.8 million. Bitcoin (BTC) saw the highest liquidation value at $17.19 million, with shorts accounting for 54.81% of the liquidations. Ethereum (ETH) followed with a liquidation value of $14.84 million, with longs making up 66.23% of the liquidations. WLD had the third-highest liquidation value at $1.77 million, with shorts accounting for 59.29% of the liquidations. These forced liquidations indicate the volatility and risk associated with trading crypto perpetual futures, highlighting the importance of managing risk and using appropriate leverage.
