Liquidations totaled $701 million in the last 24 hours, with the majority coming from a long squeeze.
BlockBeats News, May 28th, the crypto market remained weak. According to Coinglass data, the total amount liquidated across all exchanges in the past 24 hours was $701 million. Of this amount, long positions liquidated accounted for $648 million, while short positions liquidated were $53.59 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
If Bitcoin breaks $75,000, the mainstream CEX total short liquidation volume will reach $453 million
MCU giant STMicroelectronics increases prices for the second time this year
Japan Faces Naphtha Supply Crisis, Air Conditioner Installation Costs Surge
Trending news
MoreCrypto prices
More
