In the last 24 hours, cryptocurrency futures contracts saw liquidations totaling $603 million, with short positions accounting for the majority. According to Coinglass data, $460 million of the liquidations were short positions, while $143 million were long positions. Bitcoin futures experienced $279 million in liquidations, and Ethereum futures saw $168 million liquidated.
Crypto Futures Liquidations Hit $603 Million, Short Positions Dominate
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.