Cryptocurrency Q&A
How much did cryptocurrencies liquidate in the past 24 hours?
How much did cryptocurrencies liquidate in the past 24 hours?
Paolo
Mon Jul 08 2024
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7 answers
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Inquiring minds want to know, just how substantial was the liquidation in the world of cryptocurrencies within the past 24 hours? With the volatile nature of this emerging financial landscape, it's crucial to stay updated on the latest trends and figures. Could you provide a detailed breakdown of the total amount of cryptocurrencies that were liquidated, including any significant shifts in specific coins or tokens? This information could be invaluable for investors and enthusiasts alike in navigating the crypto market.
7 answers
Ilaria
Wed Jul 10 2024
In the preceding 24 hours, the liquidation of trading positions reached a significant amount.
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AmethystEcho
Wed Jul 10 2024
Specifically, approximately $282 million of the liquidated positions were longs, indicating traders had placed bets on the cryptocurrency market experiencing higher prices.
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CryptoVanguard
Wed Jul 10 2024
This figure surpassed the previous highest daily long liquidation recorded this year, which was $254 million on February 8th.
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Bianca
Tue Jul 09 2024
The data provided by Coinglass highlights the magnitude of the recent market movements.
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noah_wright_author
Tue Jul 09 2024
Among the cryptocurrency exchanges, Binance and OKX witnessed the highest number of liquidations.
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