More than $840 Million Liquidated In Crypto Futures Over Last 24 Hours
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More than $840 Million Liquidated In Crypto Futures Over Last 24 Hours

<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/ulyz84/more_than_840_million_liquidated_in_crypto/"> <img src="https://b.thumbs.redditmedia.com/vamYLl87myhyPQ49na0dCFEx33X63ma-uyTIeaWTs2A.jpg" alt="More than $840 Million Liquidated In Crypto Futures Over Last 24 Hours" title="More than $840 Million Liquidated In Crypto Futures Over Last 24 Hours" /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>What is Liquidation and when does it happen ? </p> <p>Liquidation when a crypto derivatives exchange forcefully closes up a futures contract because a certain amount of margin has been lost.</p> <p>While high leverage means investors can earn multitudes more in profit, it also enables them to quickly lose their margin as losses also get amplified.</p> <p>&#x200B;</p> <p><a href="https://preview.redd.it/r2z5v3qg2iy81.jpg?width=2388&amp;format=pjpg&amp;auto=webp&amp;s=3be06940d989013249555c643b9e0a2da184b716">https://preview.redd.it/r2z5v3qg2iy81.jpg?width=2388&amp;format=pjpg&amp;auto=webp&amp;s=3be06940d989013249555c643b9e0a2da184b716</a></p> <p>The above screenshot shows the data for crypto liquidation in the last 24 hours, you can see there is over $847 million was liquidated in the last 24 hours and $104 million from them in the last hour .</p> <p>Remember, playing with futures are very risky and you can see how much people lost only in the last 24 hours</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/TheNextPharaoh"> /u/TheNextPharaoh </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ulyz84/more_than_840_million_liquidated_in_crypto/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ulyz84/more_than_840_million_liquidated_in_crypto/">[comments]</a></span> </td></tr></table>
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