In the past 24 hours, 187,311 traders have been liquidated, with a total liquidation value of $494 million. Of that, 73% were Long positions ($361 million), and 27% were Short positions liquidated ($133 million). The largest liquidation order on Binance was a Long order of the BTC/USDT pair valued at $13.25 million that occurred when BTC dropped to $96k last night.
The market is always harsh and Futures have two sides. If you make good use of leverage, you can quickly increase your assets, and conversely, leverage can also cause your assets to decrease sharply, even leading to liquidation. Please consider and use leverage wisely, wishing all of you good luck and making a lot of money in the crypto market.
