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In the past 24 hours, liquidations across the entire network amounted to $166 million, with a majority being long positions. The value of ETH liquidations exceeded that of BTC

In the past 24 hours, liquidations across the entire network amounted to $166 million, with a majority being long positions. The value of ETH liquidations exceeded that of BTC

Bitget2024/10/23 00:18
BTC+0.53%ETH+1.52%

CoinGecko data shows that the current total market value of cryptocurrencies is 2.436 trillion US dollars, with a 24-hour drop of 1.7%. In addition, BTC's market share is 54.8%, and ETH's market share is 13%. According to Coinglass data, in the past 24 hours, there has been a liquidation of $166 million across the network, including $128 million in long positions and $37.21 million in short positions. The liquidation of ETH was $40.05 million, surpassing BTC ($33.17 million).

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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