$770 Million in Futures Positions Liquidated in Last Hour, Totaling $956 Million in 24 Hours
CryptoNewsTerminal Staff04 Aug, 2024
$770 Million in Futures Positions Liquidated in Last Hour, Totaling $956 Million in 24 Hours
Major exchanges have liquidated a substantial $770 million worth of futures positions in the past hour, contributing to the $956 million liquidated in the last 24 hours. Market participants monitor these liquidations as indicators of market volatility and sentiment. Extreme liquidation events can impact asset prices and create opportunities or risks for traders.
