In the past 24 hours, 185,417 traders were liquidated, with a total liquidation amount of $518.33 million.
Among them, the largest single liquidation order appeared on Binance, which was $10.47 million worth of $ETH. Moreover, 72.9% of all liquidations were long positions.
In addition, the liquidation rate of altcoins has always been higher than that of BTC.
You can predict that in the near future, the altcoin bull market is likely to appear.
You must know that before the altcoins rise sharply, the process of liquidating altcoins is bound to happen.