I just looked at the liquidation data for the past 24 hours — the picture is impressive. According to CoinGlass, a total of 826 million dollars was wiped out. But the most interesting part is that most of this — short position liquidations, totaling 661 million. Long positions were affected much less, only about 166 million.



For individual assets: BTC accounted for 375 million in liquidations, ETH — 184 million. CoinGlass data shows that nearly 200,000 positions were liquidated in a day. That's quite a lot.

The wildest thing — the maximum single liquidation on Hyperliquid was for the BTC-USD pair, totaling 15.75 million dollars. That’s a blow. It seems the market shook up those who were in short positions.
BTC-1.17%
ETH-1.97%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin