$456M worth of positions liquidated in the past 24h. Ethereum takes the top spot.

Welcome back to your daily dose of crypto liquidations, a reminder to trade carefully.With the spike in ETH,ADA and a lot of other alts yesterday it was bound to have such a high number of liquidations. A take out from today is that while the $ value of the liquidations was a lot higher than the previous days, the number of traders liquidated was relatively lower. So that means that the recent pump made traders FOMO and bet big on the reversal of it, which backfired badly. But let's jump into the numbers.In the last 24 hours, 53,849 traders were liquidated on their positions which add up to over $456M.80% of them were short positions, which add up to $369M. The other $87M were in long positions.The biggest single liquidation happened on a ETH trade with a value of $6.15M.$244.88M were liquidated on Ethereum.$155.64M were liquidated on Bitcoin.$10.09M were liquidated on XRP.The rest were liquidated on various altcoins.Source: https://www.bybt.com/liquidationdata​Total Liquidations​Symbol Liquidations​

Submitted September 02, 2021 at 08:15PM