ME News reports that, as of October 31 (UTC+8), according to MyToken data, the total liquidations across the cryptocurrency derivatives market in the past 24 hours amounted to $697 million. BTC liquidations totaled $294 million, ETH liquidations totaled $140 million, SOL liquidations totaled $17.31 million, and XRP liquidations totaled $11.85 million. (Source: MyToken)
$697 million in crypto futures liquidations in 24 hours
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Summary
On-chain data from MyToken shows $697 million in crypto futures liquidations over the past 24 hours. BTC led with $294 million, followed by ETH at $140 million. SOL and XRP recorded $17.31 million and $11.85 million in liquidations, respectively. The futures market remains volatile as traders adjust their positions.
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