Now liquidated over $ 900 million because market capitalization loses $ 150 billion

Now liquidated over $ 900 million because market capitalization loses $ 150 billion

The cryptocurrency market has suffered a blow today because its capitalization has lost around $ 150 billion in the past few hours. Long and short positions worth more than $ 900 million were also liquidated.

When we Liquidated , where 88% of them were long. This was also expected. As crypto potato has been reported several times, the average leverage ratio was particularly high, as was the fundming rate-both signals that a flush-out could be due. And that's exactly what happened. The majority of the liquidations came from ETH-Longs-this can also be explained by the fact that ETH pushed for an all-time high shortly before the crash. The data show that the majority of liquidations on Binance (36%), followed by Bitfinex (23%) and Okex (13.48%), took place. .