Liquidated Futures Positions Worth $560 Million in the Past Hour

IconCryptoNewsTerminal Staff23 May, 2024

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Liquidated Futures Positions Worth $560 Million in the Past Hour

Liquidated Futures Positions Worth $560 Million in the Past Hour Major exchanges have liquidated $560 million worth of futures positions in the past hour. This follows a period of significant volatility in the crypto market, with prices fluctuating rapidly. The liquidations are likely due to traders being forced to close their positions due to margin calls. The market is expected to remain volatile in the coming hours as traders react to the news. ```

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