24-Hour Cryptocurrency Liquidations Top $77 Million as BTC, ETH, SOL Get Wrecked
CryptoNewsTerminal Staff08 Sep, 2024
24-Hour Cryptocurrency Liquidations Top $77 Million as BTC, ETH, SOL Get Wrecked
24-Hour Cryptocurrency Liquidations Reach $77 Million The forced liquidation amount of 24-hour crypto perpetual futures market has exceeded $77 million. This includes a significant liquidation amount for major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). BTC Liquidation - Liquidation Amount: $42.01 million - Long: $5.95 million - Short: $36.06 million - Liquidation Ratio: Short 85.85% ETH Liquidation - Liquidation Amount: $15.93 million - Long: $4.83 million - Short: $11.10 million - Liquidation Ratio: Short 69.68% SOL Liquidation - Liquidation Amount: $9.47 million - Long: $1.85 million - Short: $7.61 million - Liquidation Ratio: Short 80.41% These liquidations indicate significant market volatility and forced selling due to price drops in BTC, ETH, and SOL. Traders with leveraged positions were particularly affected by the sharp market swings.
