Last 24 Hours Crypto Perpetual Futures Liquidation Volume

Last 24 Hours Crypto Perpetual Futures Liquidation Volume

The cumulative liquidation volume and liquidation ratio for cryptocurrency perpetual futures contracts over the past 24 hours are as follows: BTC Liquidation Volume: $37.7 million (Long $15.72 million, Short $21.99 million), Liquidation ratio: Short 58.32% ETH Liquidation Volume: $38.61 million (Long $30.12 million, Short $8.49 million), Liquidation ratio: Long 78.01% SOL Liquidation Volume: $6.71 million (Long $3.72 million, Short $2.99 million), Liquidation ratio: Long 55.42% Crypto perpetual futures contracts are a type of financial instrument that allows traders to speculate on the future price of a cryptocurrency. They are similar to traditional futures contracts, but they do not have an expiration date. This means that traders can hold them indefinitely, or until they decide to close their position. Liquidation occurs when a trader's position is closed by the exchange due to insufficient margin. This can happen when the market moves against the trader's position and the trader's margin account is depleted. The liquidation volume and liquidation ratio are two important metrics that can be used to gauge the health of the crypto perpetual futures market. A high liquidation volume indicates that there is a lot of volatility in the market, and a high liquidation ratio indicates that there is a lot of forced selling.