In the past 24 hours, the crypto market saw $314 million in liquidations across the entire network, with $241 million in both long and short positions liquidated.
According to Odaily, citing CoinGlass monitoring, in the past 24 hours, a total of 89,394 people were liquidated globally, with total liquidation amounts reaching 314 million US dollars. Of this, long positions accounted for 72.152 million US dollars, while short positions accounted for 241 million US dollars. The largest single liquidation occurred on Bitget-ETHUSDT_UMCBL, valued at 32.5138 million US dollars.
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
Indian Rupee: Inflation and trade reshape INR – Commerzbank
SoftBank CDS Approaches Three-Year High! Concerns Over OpenAI Financing Intensify, “Paper Wealth” Fails to Alleviate Cash Crunch
The credit default swaps (CDS) of SoftBank Group are hovering near a three-year high. Traders are assessing the potential impact of OpenAI’s financing plans, as OpenAI is one of SoftBank’s largest bets.

Grab (GRAB.US) acquires 60% stake in buy-now-pay-later platform Atome for 1.49 billion USD, betting on consumer credit as the "next frontier"
Grab plans to first acquire 60% of Atome Financial with $1.49 billions in cash, and then purchase the remaining 40% after approximately two years.

Singapore medical service provider LYC Healthcare prices IPO at $4 per share, raising the offering size by 67% to $25 million
LYC Healthcare increased the proposed size of its upcoming IPO on Tuesday. The company now plans to offer 6.3 million shares at a proposed price of $4 per share, aiming to raise $25 million.

