Over $100 million in crypto derivatives were liquidated within a single hour, with long positions bearing the brunt at $98.14 million, according to AiCoin. Ethereum (ETH) was significantly impacted, experiencing $326.5 million in liquidations, which accounted for 32.64% of the total. The price of ETH fell to $2,873.63, marking a 4.11% decline over the past 24 hours.
Crypto Derivatives Face $100M Liquidations in One Hour, Longs Hit Hard
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
