In the last 24 hours, 59,244 traders were liquidated on their positions which add up to $200M. In the context of cryptocurrencies, forced liquidation happens when the investor or trader is unable to fulfill the margin requirements for a leveraged position. 75% of them were long positions, which add up to $150M. The other $50M were in short positions. The biggest single liquidation happened on a BTC trade with a value of $4.32M. $104.37M were liquidated on Bitcoin. $27.2M were liquidated on Ethereum. $11.19M were liquidated on XRP. The rest were liquidated on various altcoins. Source: https://www.bybt.com/liquidationdata [link] [comments] |
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