Scale of Forced Liquidation of 24-hour Cryptocurrency Perpetual Futures
CryptoNewsTerminal Staff08 Aug, 2024
Scale of Forced Liquidation of 24-hour Cryptocurrency Perpetual Futures
Scale and Liquidation Ratios of Forced Liquidation of Cryptocurrency Perpetual Futures In the past 24 hours, the forced liquidation of cryptocurrency perpetual futures has reached significant levels. Here's a breakdown: BTC: Liquidation scale: $98.64 million (long: $18.65 million, short: $79.99 million) Liquidation ratio: short 81.09% ETH: Liquidation scale: $54.18 million (long: $24.63 million, short: $29.55 million) Liquidation ratio: short 54.53% * SOL: Liquidation scale: $15.3 million (long: $3.85 million, short: $11.45 million) Liquidation ratio: short 74.82% This data indicates that short positions faced a higher liquidation ratio compared to long positions in each market. These liquidations can significantly impact market volatility and price fluctuations, especially during periods of high uncertainty.
