ME News reports that, as of October 16 (UTC+8), according to MyToken data, the total liquidations across the cryptocurrency derivatives market in the past 24 hours amounted to $1.173 billion. BTC liquidations totaled $304 million, ETH liquidations totaled $432 million, SOL liquidations totaled $42.49 million, and XRP liquidations totaled $18.395 million. (Source: MyToken)
$1.173 billion in crypto futures liquidations in 24 hours
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Summary
Inflation data released on October 16 (UTC+8) shows $1.173 billion in crypto futures liquidations over the past 24 hours, according to MyToken. Bitcoin led with $304 million, followed by Ethereum at $432 million. Solana and XRP recorded $42.495 million and $18.395 million in liquidations, respectively. The figures underscore ongoing volatility in the crypto news cycle.
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