In the past 12 hours, the total amount of liquidation across the network was 244 million US dollars, with both long and short positions being liquidated
Golden Finance reports, data shows that in the past 12 hours, the total amount of liquidated positions across the network was $244 million. Of this, approximately $110 million were long position liquidations and about $134 million were short position liquidations.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like

Jensen Huang's influence surpasses that of Nvidia— and that's exactly the problem
Jensen Huang has been the key driving force behind the massive expansion of AI infrastructure, with his personal credibility and authoritative decision-making deeply embedded in the narrative of the global tech market’s rise over the past three years. Now, as scandals emerge, Nvidia’s trading team is expected to become more conservative and slow down external financing commitments, which undoubtedly worsens the situation for neoclouds already facing tight funding.

