Futures liquidations hit $236 million in an hour, $609 million over 24 hours

  • 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