Over $580 Million in Futures Positions Liquidated in Past Hour

IconCryptoNewsTerminal Staff07 Jul, 2024

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Over $580 Million in Futures Positions Liquidated in Past Hour

Over the past hour, major exchanges have liquidated over $580 million USD worth of futures positions. Over the past 24 hours, a staggering $1.96 billion USD worth of futures positions have been liquidated. This is a significant development indicating a high level of volatility in the market and could potentially have a significant impact on prices.