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Crypto

$48M Crypto Futures Liquidated as Ethereum Leads Losses

Guavy AI Editorial Team
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BTC ETH
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The cryptocurrency derivatives market experienced significant turbulence over the past 24 hours, with more than $48 million in positions forcibly closed across major perpetual futures.

Ethereum (ETH) led the losses, accounting for $27.58 million in liquidations, while Bitcoin (BTC) saw $15.98 million in liquidated positions.

The figures highlight the ongoing volatility in digital asset markets and the risks associated with leveraged trading.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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