08-27-2021, 11:33 PM
$420M worth of positions were liquidated and 110k traders got rekt in the last 24h.
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/pcgr2k/420m_worth_of_positions_were_liquidated_and_110k/"> <img src="https://b.thumbs.redditmedia.com/K80u3Bs7ldHtr7QNLUhQjPNJ7Elz7-lRVV-pXLYV8AQ.jpg" alt="$420M worth of positions were liquidated and 110k traders got rekt in the last 24h." title="$420M worth of positions were liquidated and 110k traders got rekt in the last 24h." /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>In the last 24 hours, 110,613 traders were liquidated on their positions, which add up to almost $420M.</p> <p>In the context of cryptocurrencies, forced liquidation happens when the investor or trader is unable to fulfill the margin requirements for a leveraged position.</p> <p>The biggest single liquidation happened on a BTC trade with a value of $7.26M</p> <p>$193.41M were liquidated on Bitcoin.</p> <p>$68M were liquidated on Ethereum.</p> <p>$38.08M were liquidated on XRP.</p> <p>The rest were liquidated on various altcoins.</p> <p>81.15% of the trades were long positions. That means that $340M were liquidated on long positions, and $79M on short positions.</p> <p>Source: <a href="https://www.bybt.com/liquidationdata">https://www.bybt.com/liquidationdata</a></p> <p>​</p> <p><a href="https://preview.redd.it/85toxf1d3uj71.png?width=1213&format=png&auto=webp&s=c35c33c6dcf74803181a27bbbced4b1166583ea2">Total Liquidations</a></p> <p>​</p> <p><a href="https://preview.redd.it/gq17tb1g3uj71.png?width=1324&format=png&auto=webp&s=1d075ca032085271c0ac0d01e5d1569e813a1069">Symbol Liquidations</a></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/omeri_e"> /u/omeri_e </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/pcgr2k/420m_worth_of_positions_were_liquidated_and_110k/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/pcgr2k/420m_worth_of_positions_were_liquidated_and_110k/">[comments]</a></span> </td></tr></table>Kind Regards R
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/pcgr2k/420m_worth_of_positions_were_liquidated_and_110k/"> <img src="https://b.thumbs.redditmedia.com/K80u3Bs7ldHtr7QNLUhQjPNJ7Elz7-lRVV-pXLYV8AQ.jpg" alt="$420M worth of positions were liquidated and 110k traders got rekt in the last 24h." title="$420M worth of positions were liquidated and 110k traders got rekt in the last 24h." /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>In the last 24 hours, 110,613 traders were liquidated on their positions, which add up to almost $420M.</p> <p>In the context of cryptocurrencies, forced liquidation happens when the investor or trader is unable to fulfill the margin requirements for a leveraged position.</p> <p>The biggest single liquidation happened on a BTC trade with a value of $7.26M</p> <p>$193.41M were liquidated on Bitcoin.</p> <p>$68M were liquidated on Ethereum.</p> <p>$38.08M were liquidated on XRP.</p> <p>The rest were liquidated on various altcoins.</p> <p>81.15% of the trades were long positions. That means that $340M were liquidated on long positions, and $79M on short positions.</p> <p>Source: <a href="https://www.bybt.com/liquidationdata">https://www.bybt.com/liquidationdata</a></p> <p>​</p> <p><a href="https://preview.redd.it/85toxf1d3uj71.png?width=1213&format=png&auto=webp&s=c35c33c6dcf74803181a27bbbced4b1166583ea2">Total Liquidations</a></p> <p>​</p> <p><a href="https://preview.redd.it/gq17tb1g3uj71.png?width=1324&format=png&auto=webp&s=1d075ca032085271c0ac0d01e5d1569e813a1069">Symbol Liquidations</a></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/omeri_e"> /u/omeri_e </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/pcgr2k/420m_worth_of_positions_were_liquidated_and_110k/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/pcgr2k/420m_worth_of_positions_were_liquidated_and_110k/">[comments]</a></span> </td></tr></table>Kind Regards R