In the past 24 hours, $233 million in contracts were liquidated across the network, primarily short positions
PANews2025/05/07 15:48
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May 7th news, according to Coinglass data, in the past 24 hours, the cryptocurrency market saw a total liquidation of $233 million in contracts across the network, with long positions liquidated at $76.3271 million and short positions at $157 million. The total liquidation amount for BTC was $89.1654 million, and for ETH, it was $38.9569 million.
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Data: The cryptocurrency market lost $1.1 trillion in market capitalization within 41 days, and the current liquidation scale is 10% lower than the historical peak on October 10.
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