Data: $655 Million Liquidated Across the Market in the Past 24 Hours; BTC Liquidations at $187 Million
According to the latest data, total liquidations across the market over the past 24 hours reached $655 million. Long positions accounted for $368 million, while short positions contributed $287 million.
Key liquidation figures include:
- BTC: $187 million
- ETH: $79.13 million
- XRP: $51.1 million
A total of 199,722 traders were liquidated, with the largest single liquidation occurring on Bybit in the BTCUSD pair, valued at $8.91 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Swiss Franc declines as US Dollar rises on Fed rate hike bets
South Korean stocks dropped over 1%
"Big short" Michael Burry: The AI bubble may burst "earlier than expected," replacing short positions with put options to increase leverage
Michael Burry suggested that the AI bubble could burst as early as next summer and has replaced all his short positions on Micron, Nebius, SOXX semiconductor ETF, and Palantir with put options to obtain lower cost and higher leveraged short exposure. He believes the AI boom is built on the unproven assumption of "sustained capital expenditure," and once revenues disappoint, capital will quickly flee.
Variational open interest has exceeded $2 billions.
Crypto prices
More
