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

In the last 24 hours we had the biggest amount of liquidations since *checks notes* 2 weeks ago.273,681 traders were liquidated on their positions, which add up to over $1.32B.In the context of cryptocurrencies, forced liquidation happens when the investor or trader is unable to fulfill the margin requirements for a leveraged position.The biggest single liquidation happened on a ETH trade with a value of $15.32M$519.62M were liquidated on Bitcoin.$316.22M were liquidated on Ethereum.$83.33M were liquidated on XRP.The rest were liquidated on various altcoins, mainly on SOL, DOGE, EOS.89.65% of the $ volume were long positions. That means that $1.19B were liquidated on long positions, and $136M on short positions.Source: https://www.bybt.com/liquidationdata​Total Liquidations​Symbol Liquidations

Submitted September 21, 2021 at 04:44AM