$1.32B liquidated in the past 24 hours, over 270k traders got rekt.
#1
$1.32B liquidated in the past 24 hours, over 270k traders got rekt.

<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/ps4kol/132b_liquidated_in_the_past_24_hours_over_270k/"> <img src="https://b.thumbs.redditmedia.com/w-yG1j8GmW2f9uSVgKZexW_DDCZwEXFS2P4cApvilBQ.jpg" alt="$1.32B liquidated in the past 24 hours, over 270k traders got rekt." title="$1.32B liquidated in the past 24 hours, over 270k traders got rekt." /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>In the last 24 hours we had the biggest amount of liquidations since *checks notes* 2 weeks ago. </p> <p>273,681 traders were liquidated on their positions, which add up to over $1.32B.</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 ETH trade with a value of $15.32M</p> <p>$519.62M were liquidated on Bitcoin.</p> <p>$316.22M were liquidated on Ethereum.</p> <p>$83.33M were liquidated on XRP.</p> <p>The rest were liquidated on various altcoins, mainly on SOL, DOGE, EOS.</p> <p>89.65% of the $ volume were long positions. That means that $1.19B were liquidated on long positions, and $136M on short positions.</p> <p>Source: <a href="https://www.bybt.com/liquidationdata">https://www.bybt.com/liquidationdata</a></p> <p>&#x200B;</p> <p><a href="https://preview.redd.it/k3wbed9daqo71.png?width=1220&amp;format=png&amp;auto=webp&amp;s=867cca18ea33768906979babfd85a117596876ba">Total Liquidations</a></p> <p>&#x200B;</p> <p><a href="https://preview.redd.it/xjlham6faqo71.png?width=1322&amp;format=png&amp;auto=webp&amp;s=3440a101cdc8378f7a99776fe04f9f21e69cfabb">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/ps4kol/132b_liquidated_in_the_past_24_hours_over_270k/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ps4kol/132b_liquidated_in_the_past_24_hours_over_270k/">[comments]</a></span> </td></tr></table>Kind Regards R
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