Cryptocurrency Perpetual Futures Liquidation Scale and Ratio in the Past 24 Hours
CryptoNewsTerminal Staff21 Jul, 2024
Cryptocurrency Perpetual Futures Liquidation Scale and Ratio in the Past 24 Hours
Cryptocurrency perpetual futures witnessed significant forced liquidation in the last 24 hours, with the following details: - BTC: Liquidation scale: $48.27 million (long $26.72 million, short $21.55 million), liquidation ratio: long 55.36% - ETH: Liquidation scale: $33.5 million (long $23.92 million, short $9.58 million), liquidation ratio: long 71.4% - SOL: Liquidation scale: $9.71 million (long $3.31 million, short $6.4 million), liquidation ratio: short 65.86% These figures reflect the volatile nature of cryptocurrency markets and the risks associated with leveraged trading. Traders should exercise caution and carefully manage their positions to mitigate potential losses.