Traders betting on higher Ether prices took the hardest hit on Oct 17. Our streams recorded $42.7M of leveraged $ETH longs forced out, against $5.0M on the short side, the largest total of any coin.
Across 11 venues and 910 symbols, $249.1M was closed out in 80,555 events. Longs carried $192.2M of it, or 77.2%, with $56.8M from shorts. $BTC came next at $18.6M, and the single largest closure was a SOXS position on Binance.
The day ran 2% above the $244.2M of Oct 16 and stayed under the 7 day average of $312.8M. These totals are a floor drawn from the venues' public streams.
Across 11 venues and 910 symbols, $249.1M was closed out in 80,555 events. Longs carried $192.2M of it, or 77.2%, with $56.8M from shorts. $BTC came next at $18.6M, and the single largest closure was a SOXS position on Binance.
The day ran 2% above the $244.2M of Oct 16 and stayed under the 7 day average of $312.8M. These totals are a floor drawn from the venues' public streams.