Crypto Market Sees $1.03 Billion in Futures Liquidations in 24 Hours
- —Total 24-hour liquidations reached $1.03 billion
- —$106 million was liquidated within a single hour
- —Data covers the largest crypto exchanges
- —Snapshot taken at 20:21 UTC on Sept. 21
Why it matters: Heavy liquidations amplify volatility and can signal either a reversal or continuation of the price move.
Source: Coinotag