Crypto futures see $1.709 billion in liquidations over 24 hours

AI Market Summary

MyToken data show $1.709B in 24-hour crypto derivatives liquidations, indicating a sharp volatility shock and forced deleveraging. Liquidations were concentrated in ETH ($527M), XRP (~$507.4M), and BTC ($444M), with SOL at $102M. Such broad, large-scale liquidations typically tighten risk appetite and can amplify near-term price dislocations as positioning resets and funding/volatility reprice.

Impact level

● High

Affected assets

ETH/USDT-2.93%

AI Insight · ETH/USDTAI Insight

▼ Bearish

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Data from MyToken show that, as of Oct. 9 (UTC+8), total liquidations across the crypto derivatives market reached $1.709 billion over the past 24 hours. BTC liquidations were $444 million and ETH liquidations totaled $527 million. SOL saw $102 million in liquidations, while XRP registered $507.372 million. Source: MyToken

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