Past 24 hours saw liquidations of contracts across the entire network 82578000 USD, with both long and short positions liquidated
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Over the past 24 hours, cryptocurrency market contract liquidations amounted to 82578000 USD, with both long and short positions liquidated.
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Past 24 hours saw liquidations of contracts across the entire network 82578000 USD, with both long and short positions liquidated
PANews October 10 reported that, according to CoinGlass data, over the past 24 hours, total cryptocurrency market contract liquidations amounted to 82578000 USD, of which long-position liquidations amounted to 38322800 USD, and short-position liquidations amounted to 44255200 USD。BTC Total liquidation amount 7102600 USD，ETH Total liquidation amount 7371800 USD. The largest single liquidation occurred on HYPERLIQUID-XYZ:INTC-USD, valued at 3789400 USD。
PANews, citing CoinGlass data, reported that over the past 24 hours, contract liquidations across the entire network amounted to 82578000 USD。
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Long-position liquidations amounted to 38322800 USD, and short-position liquidations amounted to 44255200 USD。
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BTC The total liquidation amount was 7102600 USD。
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ETH The total liquidation amount was 7371800 USD。
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The largest single liquidation occurred on HYPERLIQUID-XYZ:INTC-USD, valued at 3789400 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
“Liquidation” refers to a contract position being liquidated because it fails to meet the relevant requirements. The original text shows that both long and short positions were liquidated, indicating that contract positions in both directions were affected.
Why it matters to readers
These figures reflect the scale of concentrated liquidation of contract positions over the past 24 hours, but the original text does not provide price trends, open interest, or capital flow data; therefore, they cannot be used to determine the subsequent direction of price movements.
Beginners can view this as a reminder of the risks of contract trading: both long and short positions may be liquidated, and the original data itself does not constitute a buy or sell signal.
Risks and unknowns
The data was provided by PANews citing CoinGlass; the original text does not explain the statistical scope or verification method.
The original text does not specify the specific price movements of BTC and ETH at the time the liquidations occurred.
The original text does not provide open interest, funding rates, or subsequent market movements.
The original text does not explain the specific nature of HYPERLIQUID-XYZ:INTC-USD.
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Related concepts
Liquidation
This term is not in the glossary yet. Browse related concepts in the glossary.
