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Wednesday, October 5, 2022

$446.20M of crypto property were liquidated within the outdated 24 hours! By which $90.09M were shorts and $356.11M were longs.

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Within the previous 24 hours we seen the crypto market bleeding all but again attributable to the FOMC assembly this week. That device that tons of property were liquidated, mostly longs. In this post I summed up some interesting liquidation statistics.

The stats within the previous 24h on the time of writing:

– Within the previous 24 hours, $446.20M of property were liquidated.

– Liquidated longs and shorts: $356.11M were longs (79.81%) and $90.09M were shorts (20.19%).

– 134.175 merchants were liquidated.

– Top 3 Liquidations: $174.04M of ETH, $132.24M of BTC and $14.80M of ETC.

– The largest single liquidation expose came about on Bitmex – XBTUSD tag $10.00M.

Thanks for studying!

Source: https://www.coinglass.com/LiquidationData

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