In the past 24 hours, crypto market futures liquidations reached 486000000 USD, with long positions accounting for the majority
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In the past 24 hours, total crypto futures liquidations reached 486000000 USD, with long positions accounting for the majority.
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In the past 24 hours, total crypto futures liquidations reached 486000000 USD, with long positions accounting for the majority.
PANews September 28 reported that, according to CoinGlass data, in the past 24 hours, total crypto market futures liquidations reached 486000000 USD, of which long positions accounted for 392000000 USD, while short positions accounted for 93763400 USD。BTC The total liquidation amount was 107000000 USD，ETH The total liquidation amount was 74288900 USD. The largest single liquidation occurred on Binance-ETHUSDT, with a value of 11821600 USD。
PANews reported that, according to CoinGlass data, in the past 24 hours, total crypto market futures liquidations reached 486000000 USD。
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Long-position liquidations amounted to 392000000 USD, while short-position liquidations amounted to 93763400 USD。
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BTC The total liquidation amount was 107000000 USD，ETH The total liquidation amount was 74288900 USD。
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The largest single liquidation occurred on Binance-ETHUSDT, with a value of 11821600 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
A futures liquidation occurs when a leveraged position is forcibly closed by the system after losses reach the liquidation threshold. This information shows that long-position liquidations exceeded short-position liquidations, and that BTC and ETH both saw large liquidation amounts.
Why it matters to readers
Large liquidations indicate concentrated forced closures of leveraged positions and may signal elevated short-term market volatility.
Beginners should note that leveraged futures may trigger forced liquidation rapidly during price fluctuations, resulting in the loss of principal.
Risks and unknowns
The evidence does not provide the original CoinGlass page, so the relevant data still requires further verification.
The evidence does not specify the statistical scope or the exact statistical time point for the liquidation amounts.
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Related concepts
Derivatives Liquidation
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