Data: In the past 24 hours, total liquidations across the network reached $287 million, with long positions accounting for $239 million and short positions for $48.56 million.
According to Coinglass data reported by ChainCatcher, liquidations across the entire network reached $287 million in the past 24 hours, with long positions accounting for $239 million and short positions for $48.56 million. Of these, Bitcoin long positions were liquidated for $87.55 million and short positions for $9.04 million, while Ethereum long positions saw $40.14 million in liquidations and short positions $9.42 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.
You may also like
Swiss Franc declines as US Dollar rises on Fed rate hike bets
South Korean stocks dropped over 1%
"Big short" Michael Burry: The AI bubble may burst "earlier than expected," replacing short positions with put options to increase leverage
Michael Burry suggested that the AI bubble could burst as early as next summer and has replaced all his short positions on Micron, Nebius, SOXX semiconductor ETF, and Palantir with put options to obtain lower cost and higher leveraged short exposure. He believes the AI boom is built on the unproven assumption of "sustained capital expenditure," and once revenues disappoint, capital will quickly flee.
Variational open interest has exceeded $2 billions.
Crypto prices
More
