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Total liquidation of contracts is 165 million USD, mainly long orders.
Cryptocurrency Market Witnesses Large Contract Liquidation
On May 4th, data from Coinglass showed that in the past 24 hours, the cryptocurrency market has witnessed liquidations of contracts with a total value of 165 million USD. Specifically, 134 million USD belonged to buy orders and 30.2786 million USD came from short-selling orders.
Noteworthy BTC and ETH Liquidation
Among the major transactions, the total liquidation value of BTC reached 28.4164 million USD, while the total liquidation value of ETH was 17.9190 million USD. These figures reflect significant volatility in the cryptocurrency market.
Investment Advisory
The information is intended to provide market information and does not constitute investment advice. Investors should carefully consider before making financial decisions.
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