63,222 crypto traders liquidated in past 24 hours as leverage continues to bite

Crypto Futures See $86M Liquidated In 24 Hours As Bitcoin Shorts Dominate

BitcoinWorld Crypto Futures See $86M Liquidated in 24 Hours as Bitcoin Shorts Dominate The cryptocurrency perpetual futures market recorded approximately $86 million in total liquidations over the past 24 hours, with Bitcoin (BTC) accounting for the majority of the activity. Data from major exchanges shows that $59.12 million in BTC positions were liquidated, with an overwhelming 93.53% of those being short positions. Ethereum (ETH) followed wi…

63,222 crypto traders liquidated in past 24 hours as leverage continues to bite

The persistent high leverage in crypto trading leads to frequent liquidations, highlighting the risks and capital shifts in volatile markets. The post 63,222 crypto traders liquidated in past 24 hours as leverage continues to bite appeared first on Crypto Briefing.