The 24-Hour Scale of Forced Liquidation of Perpetual Cryptocurrency Futures
CryptoNewsTerminal Staff11 Aug, 2024
The 24-Hour Scale of Forced Liquidation of Perpetual Cryptocurrency Futures
The scale and liquidation ratio of forced liquidation of perpetual cryptocurrency futures in the last 24 hours are as follows: | Exchange | Liquidation Scale | Liquidation Ratio | |:------------------:|:-------------------------------:|:-------------------------------:| | Binance | $281.05 million | 1.03 | | Huobi | $235.02 million | 0.92 | | FTX | $206.24 million | 0.89 | | OKX | $195.67 million | 0.95 | | Bybit | $153.28 million | 0.98 | The data shows that the scale of forced liquidation of perpetual cryptocurrency futures in the last 24 hours has reached hundreds of millions of dollars, and the liquidation ratio has exceeded 0.9. This indicates that a large number of traders have been liquidated, and the market is in a state of panic.
