Crypto futures see $812 million in liquidations over 24 hours

AI Market Summary

MyToken data show $812 million in crypto futures liquidations over 24 hours, signaling a leverage flush and heightened short-term volatility across major perps. While BTC ($37.6M), ETH ($20.9M), SOL ($35.16M) and XRP ($13.20M) liquidations were notable, the aggregate figure suggests broad de-risking rather than an idiosyncratic shock. This typically tightens liquidity and can amplify intraday moves as positioning resets.

Impact level

● Medium

Affected assets

BTC/USDT-0.17%

AI Insight · BTC/USDTAI Insight

● Neutral

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ME News reported that, as of July 14 (UTC+8), MyToken data showed total liquidations across the cryptocurrency derivatives market reached $812 million in the past 24 hours. BTC liquidations totaled $37.6 million, ETH $20.9 million, SOL $35.16 million, and XRP $13.1959 million. (Source: MyToken)

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