The recent announcement of a Bitcoin ETF has sparked a surge in Bitcoin prices, leading to significant gains for Bitcoin holders. However, this price increase has also triggered substantial liquidations in the futures market.



According to data from a platform, within the past 24 hours, the total liquidation in the crypto market has reached $223 million, with long positions accounting for $130 million and short positions for $93 million.

Bitcoin experienced the highest liquidation volume at $83.69 million, followed by Ethereum at $51.47 million. Other cryptocurrencies like XRP, DOGE, and LINK also saw notable liquidations.

The largest single liquidation order occurred on a certain trading platform, involving a BTC-USDT trade worth $3.54 million.

This surge in liquidations highlights the volatile nature of the cryptocurrency market, especially during periods of significant price movements triggered by major events like the Bitcoin ETF approval.
BTC-0.08%
ETH-0.44%
XRP-2.28%
DOGE-2.74%
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ProxyCollectorvip
· 3h ago
Again被 Played for Suckers.
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0xSherlockvip
· 3h ago
Stop loss orders again... really tormenting
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RuntimeErrorvip
· 3h ago
It's another wave of liquidation season.
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NftRegretMachinevip
· 3h ago
Again watching the suckers battle.
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BearMarketSurvivorvip
· 4h ago
All in how much pay how much
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PerennialLeekvip
· 4h ago
The big bull was cut down, but the little suckers feel the most pain.
View OriginalReply0
HappyMinerUnclevip
· 4h ago
The floor price has skyrocketed.
View OriginalReply0
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