In the past 24 hours, the cryptocurrency market has seen a total contract liquidation of more than $100 million, mainly due to long orders
On June 24th, according to Coinglass data, the cryptocurrency market experienced a total of $101 million in liquidations in the past 24 hours, with 49,042 people liquidated. Of those, long positions were liquidated for $92.403 million and short positions were liquidated for $8.2746 million. The total amount of BTC liquidations was approximately $23.1627 million, and the total amount of ETH liquidations was $18.0997 million. The largest single liquidation occurred on OKX - ETH-USDT-SWAP, valued at $1.7092 million.Market data shows that BTC has now fallen to around $62,800, with a 24-hour drop of nearly 2.5%.
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.
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