Cryptocurrency futures worth $101 million were liquidated within 24 hours, with ETH settlements totaling around $4,500.

robot
Abstract generation in progress

According to CoinAnk data on December 31, a total of contracts worth approximately 190 million USD were settled in the entire cryptocurrency futures market over the past 24 hours. This level of liquidation indicates high market volatility, with significant fluctuations observed in individual assets.

Over 30 million USD in liquidations led by BTC, with a bullish long dominance

Bitcoin (BTC) liquidations drove the overall market, reaching a total of 30,424,100 USD in the past 24 hours. Among these, long positions dominated with 62,384,900 USD, reflecting a strong bullish stance among buyers. Meanwhile, short position liquidations amounted to 46,768,400 USD, clearly delineating the position distribution.

ETH liquidations also surpass 20 million USD, accelerated settlements around the 4500 USD level

Ethereum (ETH) liquidations totaled 21,954,500 USD, with notable settlement activity in the ETH market. Particularly, active liquidations around the 4500 USD mark suggest this price level functions as a support/resistance level. Across the futures market, traders are rapidly adjusting their positions, indicating that short-term volatility may continue.

BTC-6,27%
ETH-7,12%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)