There is a clear divergence among the front-runners on today’s gainers and losers list. CATE is up 69.1% over the past 24 hours, with trading volume of $15.01 million, but the total amount liquidated across the entire network in the last 24 hours is only $372. This suggests the rally involved virtually no futures/contract funding—pure spot buy pressure drove the move. There were no long positions trapped, and no shorts got squeezed.
On the losers list, VIC is down 30.4%, with trading volume of only $599,000. In the past 24 hours, there have been no recorded contract liquidations for this coin—it's not that the data is zero; rather, this market currently has no active perpetual futures market. Price fluctuations are being propped up entirely by thin spot order-book depth. Using it for leverage is impossible because there is no counterparty market.
SCRT, ranked fourth on the losers list, is down 25.4%, and the situation is completely different. Over the past 24 hours, liquidation totals $286,000, and 85.9% of that is long positions. In the past 12 hours, the share of long liquidation rose further to 96.6%. This decline is the real thing: leveraged long positions were cut step by step.
With double-digit gains and losses, what matters is whether there is an active derivatives/contract market and how deeply funding is involved. Those factors determine whether the price action reflects genuine leveraged clearing or just thin-book spot sentiment. Looking only at percentage change can mislead you—by cross-checking liquidation data, you can tell which moves are spot noise that could reverse at any moment, and which are the real, hard-money long-vs-short battle.
Live gainers and losers list: https://www.coinboss.com/gainers-losers
On the losers list, VIC is down 30.4%, with trading volume of only $599,000. In the past 24 hours, there have been no recorded contract liquidations for this coin—it's not that the data is zero; rather, this market currently has no active perpetual futures market. Price fluctuations are being propped up entirely by thin spot order-book depth. Using it for leverage is impossible because there is no counterparty market.
SCRT, ranked fourth on the losers list, is down 25.4%, and the situation is completely different. Over the past 24 hours, liquidation totals $286,000, and 85.9% of that is long positions. In the past 12 hours, the share of long liquidation rose further to 96.6%. This decline is the real thing: leveraged long positions were cut step by step.
With double-digit gains and losses, what matters is whether there is an active derivatives/contract market and how deeply funding is involved. Those factors determine whether the price action reflects genuine leveraged clearing or just thin-book spot sentiment. Looking only at percentage change can mislead you—by cross-checking liquidation data, you can tell which moves are spot noise that could reverse at any moment, and which are the real, hard-money long-vs-short battle.
Live gainers and losers list: https://www.coinboss.com/gainers-losers