Crypto Futures Hit Record $1.14B in Liquidations
As written global Crypto Market Cap is $1.81T down 16% than previous day. BTC dominance 55.94% and Fear & Greed 31.
Crypto-tracked futures saw over $1 billion million in liquidations in the past 24 hours amid a market sell-off, with ether futures recording $304 million in liquidations.
Over 200,000 traders were liquidated, with the largest single liquidation order worth $27 million on Huobi.
Bitcoin and ether prices fell, with ether experiencing its steepest single-day drop since May 2021, and the crypto fear and greed index indicating "fear."
Crypto-tracked futures recorded over $1 billion in liquidations in the past 24 hours as the market sell-off worsened on Sunday. The bloodbath was catalyzed by a stronger Japanese yen and rumors of market maker Jump Trading liquidating its crypto business.
Seem the bookie or Big Money win to cash out most of retail trader both future and spot market. $1.14B in future market not calculate who cut loss and on the spot market. They debauchery.
