Cryptocurrency Leverage Market Liquidates $170 Million a Day… Long Positions Over 87%

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In the past 24 hours, approximately $170 million worth of leverage positions were liquidin theated cryptocurrency market.

According to current aggregated data, long positions dominate the liquidated positions, recent positions suggesting that losses for investors in the recent market downturn.

div p>Binance experienced the highest position liquidations in the past 4 hours, with a total of $10.78 million (44.03%) liquidated. Among these, long positions accounted for $9.46 million, representing 87.82%.

ByBit ranked second, with $8.29 million (33.89%) of positions positions liquidated, of which long positions comprised $7.58 (91.36%).

>>Ksaw approximately $2.73 million (11.17%) in liquidations, with long positions at a high 90.4%.

Notably, HTX and CoinEx showed extremely high long position liquidation rates of 98.7% and 99.64% respectively, while BitMEX had 100% of its liquidated positions as long long positions..

>coin, (B) the liquidpositions. $27.71 million in Bitcoin positions were liquidated over 24 hours, with $8.77 million in long positions liquidated over 4 hours. Bitcoin is currently trading at $95,350, down 0.53% over 24 hours.

Ethereum (H $.84 million in liquidover 24 hours, with $1.74 million in long positions liquidated over 4 hours. Ethereum is currently trading at $1,826, up 0.41% over 24 hours.

Trump Token (TRUMP) was notable, with approximately $8.71 million in positions liquidated over 24 hours. The token experienced a significant price drop of 11.86% over 24 hours, resulting in approximately $480,000 in long positions and $170,000 in short positions liquidated over 4 hours.

Solana (SOL) had approximately $5.21 million liquidated over 24 hours, with $820,000 in long positions liquidated over 4 hours. Solana is currently trading at $145.31, down 0.95% over 24 hours.

SUI TokenI Token saw liquid, total.74 million inpospositions 24 hours. SUI is currently trading at $3,.22, down. 77% over 24 hours.

Doge (oge $2.93 million in positions liquidated over 24 hours, with only $360,000 in long positions liquidated over 4 hours. Doge is currently trading at $0.174, down 1.93% over 24 hours.

In the cryptocurrency market, 'liquidation' refers to the forced closure of a leverage position when a trader fails to meet margin requirements The. The high liquidation rates for Trump Token and SUI reflect their recent recent asset volatility, the while the overwhelming long position liquidations suggest the market is shifting to a downward trend.