Markets· ★★★· neutral·

$362 million in crypto futures liquidated in 24 hours

  • $362 million in crypto futures liquidated in 24 hours
  • Exchanges closed $107 million in positions in one hour
  • Bitcoin holds near $79,000
Why it matters: The surge in liquidations points to high leverage and the risk of sharp price swings in either direction.
Source: Coinotag