In the past hour, the cryptocurrency market experienced approximately $609 million in contract liquidations, with long positions making up the majority. Bitcoin liquidations amounted to about $152 million, while Ethereum saw $78.8 million in liquidations.
Aster DEX has announced the initiation of its $ASTER automatic buyback mechanism. The platform will allocate 20%-40% of its daily fees for buybacks, with the first transaction already verifiable on-chain.
Meanwhile, precious metals continue to climb, with silver reaching a new high of $93.69 per ounce, marking a daily increase of over 4%. Gold also hit a record, rising to $4690 per ounce.
Crypto Market Sees $609 Million in Liquidations, Aster DEX Launches Buyback
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