In the past hour, STO liquidation losses approached $20 million, with a certain Aster user’s $7.67 million short position forcibly liquidated before the crash.

BlockBeatNews

2026-04-02 10:05:33

STO136,68%

BlockBeats message, April 2, according to Coinglass data, STO has plunged 67% within the past 22 minutes. Over the past 1 hour, STO liquidated positions worth $19.77 million, including $2.32 million liquidated from long positions and $17.44 million liquidated from short positions.

From the data, even if the price surges, most traders choose to go short rather than go long.

It’s worth noting that STO just briefly spiked to $2.56 on Aster. A short position opened by a user was liquidated at the $2.55 price level when the coin price reached its peak at 17:20 Beijing time. The position value was $7.67 million.

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