Liquidation of Perpetual Futures Contracts: Key Statistics Over 24 Hours

IconCryptoNewsTerminal Staff04 Jul, 2024

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Liquidation of Perpetual Futures Contracts: Key Statistics Over 24 Hours

The liquidation of perpetual futures contracts in the cryptocurrency market is a crucial aspect to understand. On a recent day, the forced liquidation of 24-hour cryptocurrency perpetual futures contracts amounted to the following: BTC Liquidation: Volume: $159.98 million Long: $123.01 million (76.89% ratio) Short: $36.97 million ETH Liquidation: Volume: $82.51 million Long: $67.73 million (82.09% ratio) Short: $14.78 million SOL Liquidation: Volume: $19.68 million Long: $16.33 million (83% ratio) Short: $3.34 million These statistics provide insights into the market dynamics and the behavior of traders. Understanding liquidation patterns can help traders make informed decisions and manage their risk exposure effectively.

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