Foresight News reports that, according to CoinAnk data, the rapid short-term surge in the market has triggered a large-scale liquidation event. In this round of liquidations, the total amount of forced liquidations across the network exceeded $87 million, with nearly $70 million in short positions being forcibly closed.
From the perspective of individual cryptocurrencies, Bitcoin leads the liquidation rankings, with a liquidation volume of $48.16 million. Ethereum follows closely behind, with a liquidation amount of approximately $19.13 million. Solana (SOL) also saw a liquidation amount of around $8.56 million.
This wave of concentrated liquidations reflects the dense distribution of leveraged positions in the market. Coupled with rapid price fluctuations, a large number of forced short positions have become the main force behind this round of liquidations.
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Market fluctuations trigger chain liquidations, with multi-chain assets temporarily surpassing $87 million in liquidations.
Foresight News reports that, according to CoinAnk data, the rapid short-term surge in the market has triggered a large-scale liquidation event. In this round of liquidations, the total amount of forced liquidations across the network exceeded $87 million, with nearly $70 million in short positions being forcibly closed.
From the perspective of individual cryptocurrencies, Bitcoin leads the liquidation rankings, with a liquidation volume of $48.16 million. Ethereum follows closely behind, with a liquidation amount of approximately $19.13 million. Solana (SOL) also saw a liquidation amount of around $8.56 million.
This wave of concentrated liquidations reflects the dense distribution of leveraged positions in the market. Coupled with rapid price fluctuations, a large number of forced short positions have become the main force behind this round of liquidations.