ALPACA experienced liquidations of $1.114 million in the past hour, ranking second in the network after BTC, primarily driven by short position liquidations
Odaily reports that Coinglass data shows ALPACA faced liquidations of $1.114 million in the past hour, ranking second in the network after BTC. Short position liquidations accounted for $905,300, while long position liquidations totaled $208,700, with a significant focus on liquidating short positions.
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.
You may also like
Overview of Key Overnight Developments on December 12
US SEC allows DTCC to custody and recognize tokenized stocks and other RWA assets on the blockchain
The US SEC approves DTCC's plan to tokenize stocks, bonds, and treasuries
The US FSOC annual report removes the cryptocurrency risk warning.
