A 3.98% drop in roughly the last hour took Ether to $2,292.03, and leveraged buyers carried the cost. Our streams recorded $51.9M in long liquidations over the past 60 minutes. These are bets on a higher price that exchanges closed by force. Traders positioned for a fall lost only $1.9M.
Over 24 hours $ETH is down 3.63%.
Funding is still positive at 0.01% per interval, which means traders who are still long are paying shorts to keep those bets open after the drop. These liquidation totals come from our own collectors and are a floor, not the whole market.
Over 24 hours $ETH is down 3.63%.
Funding is still positive at 0.01% per interval, which means traders who are still long are paying shorts to keep those bets open after the drop. These liquidation totals come from our own collectors and are a floor, not the whole market.
