$687 million liquidated across the entire network in the past 24 hours, with both long and short positions wiped out.
Jinse Finance reported, according to Coinglass data, the total liquidation amount in the cryptocurrency market over the past 24 hours reached $687 million, with long positions liquidated for $368 million and short positions liquidated for $319 million. BTC liquidation amount reached $40.6093 million, ETH liquidation was $88.4358 million, and SOL liquidation was $21.1997 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
AI shifts from “reason for rate cuts” to “argument for rate hikes”: Cook says only a small portion of the 2 trillion dollars capital expenditure is spent, and electricity and water prices have increased by about 5%.
Federal Reserve Governor Cook pointed out that the substantial capital expenditures for AI will continue to intensify price pressures, while the wealth effect in the stock market driven by AI is also stimulating consumption. She believes that the productivity gains from AI will bring about a moderate easing of inflation in the coming years, but this alone will not be enough to offset the mounting inflationary pressures expected later this year.
Casa Minerals closes C$1.5 million flow-through private placement tranche
BUZZ - Navitas shares surge as it secures US Army-backed semiconductor project
