09-06-2021, 08:22 PM
$383M worth of positions were liquidated and 85k traders got rekt in the last 24h.
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/piyxnt/383m_worth_of_positions_were_liquidated_and_85k/"> <img src="https://b.thumbs.redditmedia.com/e6jGyUDbHdxuvze5Y_JRG3umQ_ViSEfQA3lHwtaxWEo.jpg" alt="$383M worth of positions were liquidated and 85k traders got rekt in the last 24h." title="$383M worth of positions were liquidated and 85k traders got rekt in the last 24h." /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>In the last 24 hours, 85,494 traders were liquidated on their positions, which add up to over $383M.</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 $2.72M</p> <p>$144.78M were liquidated on Bitcoin.</p> <p>$40.39M were liquidated on Ethereum.</p> <p>$24.1M were liquidated on XRP.</p> <p>The rest were liquidated on various altcoins.</p> <p>53% of the trades were short positions. That means that $204M were liquidated on short positions, and $181M on long positions.</p> <p>A big part of them happened in the last hour ($108M).</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/jgmoridprvl71.png?width=1244&format=png&auto=webp&s=df72a99d9655140f220be97c88ce9fe8d2f80e25">Total Liquidations</a></p> <p>​</p> <p><a href="https://preview.redd.it/l6qsoagrrvl71.png?width=1327&format=png&auto=webp&s=07d28ec80c9cec426f7e1f6bb1fa378fd33ac3c0">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/piyxnt/383m_worth_of_positions_were_liquidated_and_85k/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/piyxnt/383m_worth_of_positions_were_liquidated_and_85k/">[comments]</a></span> </td></tr></table>Kind Regards R
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/piyxnt/383m_worth_of_positions_were_liquidated_and_85k/"> <img src="https://b.thumbs.redditmedia.com/e6jGyUDbHdxuvze5Y_JRG3umQ_ViSEfQA3lHwtaxWEo.jpg" alt="$383M worth of positions were liquidated and 85k traders got rekt in the last 24h." title="$383M worth of positions were liquidated and 85k traders got rekt in the last 24h." /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>In the last 24 hours, 85,494 traders were liquidated on their positions, which add up to over $383M.</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 $2.72M</p> <p>$144.78M were liquidated on Bitcoin.</p> <p>$40.39M were liquidated on Ethereum.</p> <p>$24.1M were liquidated on XRP.</p> <p>The rest were liquidated on various altcoins.</p> <p>53% of the trades were short positions. That means that $204M were liquidated on short positions, and $181M on long positions.</p> <p>A big part of them happened in the last hour ($108M).</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/jgmoridprvl71.png?width=1244&format=png&auto=webp&s=df72a99d9655140f220be97c88ce9fe8d2f80e25">Total Liquidations</a></p> <p>​</p> <p><a href="https://preview.redd.it/l6qsoagrrvl71.png?width=1327&format=png&auto=webp&s=07d28ec80c9cec426f7e1f6bb1fa378fd33ac3c0">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/piyxnt/383m_worth_of_positions_were_liquidated_and_85k/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/piyxnt/383m_worth_of_positions_were_liquidated_and_85k/">[comments]</a></span> </td></tr></table>Kind Regards R