Futures liquidations hit $236 million in an hour, $609 million over 24 hours
AI Summary
Major exchanges recorded $236 million in futures liquidations during the past hour.
Futures liquidations totaled $609 million across the past 24 hours.
Major exchanges reported the figures for both one-hour and 24-hour periods.
Major exchanges recorded $236 million in futures liquidations over the past hour, bringing the 24-hour total to $609 million. Liquidations occur when leveraged positions are forcibly closed after traders can no longer meet margin requirements.
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Futures liquidations hit $236 million in an hour, $609 million over 24 hours - CoinPost Terminal