Past 24 Hours Cryptocurrency Perpetual Futures Liquidations: A Breakdown

IconCryptoNewsTerminal Staff01 Aug, 2024

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Past 24 Hours Cryptocurrency Perpetual Futures Liquidations: A Breakdown

The cryptocurrency market has been volatile in the past 24 hours, with several large liquidations occurring on perpetual futures contracts. BTC Liquidations: Liquidation size: $81.81 million Long liquidations: $50.75 million Short liquidations: $31.06 million Liquidation ratio: Long 62.04% ETH Liquidations: Liquidation size: $65.97 million Long liquidations: $54.97 million Short liquidations: $11.00 million Liquidation ratio: Long 83.33% SOL Liquidations: Liquidation size: $20.34 million Long liquidations: $15.37 million Short liquidations: $4.97 million Liquidation ratio: Long 75.55% These liquidations indicate that there is still significant volatility in the cryptocurrency market and that traders need to be cautious when using leverage in their trading strategies.

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