Short Positions Account for $554 Million of $913 Million in Liquidations

Crypto derivatives liquidations totaled $913 million over a 24-hour period, with short positions accounting for $554 million and long positions for $359 million. Bitcoin (BTC) liquidations totaled $396 million, while Ether (ETH) liquidations reached $236 million. The largest single liquidation was valued at $37.9991 million in the HTX-ETH-USDT contract. A separate four-hour liquidation tally on Oct. 20 showed $140 million in short liquidations out of $155 million overall. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost