The daily volume of liquidations in the crypto market approached $380 million
On the night of February 27, the price of bitcoin rose to $57,000. Against this background, the volume of liquidations in the crypto market increased to $380 million in 24 hours.
On the night of February 27, 2024, the bitcoin exchange rate sharply crossed the $57,000 mark. Against this background, the volume of liquidations on futures in the cryptocurrency market amounted to about $380 million.
Over the past 24 hours, the positions of 88,630 traders have been liquidated. Approximately $272 million of losses were in short positions, and almost $108 million in long positions.
Most of the liquidations occurred on trading pairs with bitcoin — $190.9 million and Ethereum — $68.01 million.
The largest amount of liquidations has traditionally been recorded on the Binance and OKX cryptocurrency exchanges — $157.30 million and $128.01 million, respectively.
Source: https://incrypted.com/sutochnyj-obem-likvidacij-na-kriptorynke-priblizilsya-k-380-mln/
