Bullish
Crypto Liquidations Hit $79M as ACE and AKE Exceed BTC and ETH Totals
08-15
Global crypto contracts saw $79.01M in liquidations with 67,500 traders affected. ACE and AKE led volume, surpassing BTC and ETH, while Binance accounted for half the total.
Woofun AI data shows that global crypto contract liquidations reached approximately $79.01 million over the past 24 hours, affecting roughly 67,500 traders. Long positions comprised about $41.44 million of the total, while short positions totaled around $37.57 million.
Binance recorded the highest exchange-level liquidations at roughly $39.67 million, followed by Bybit at about $12.10 million, OKX at around $10.05 million, Bitget at $6.72 million, and Gate at $5.74 million. The largest single event was an HTX ETH-USDT contract liquidation of approximately $981,000. In terms of assets, ACE led with around $9.06 million, followed by AKE at about $5.73 million, BTC at around $5.11 million, and ETH at approximately $4.34 million.
WOOFUN AI
Impact Assessment · Quick Read
The dominance of ACE and AKE in liquidation volumes suggests significant volatility or leverage concentration in these specific assets compared to major stores of value like BTC and ETH. With Binance accounting for nearly half of the total liquidations, platform-specific risk management or order book depth may be influencing trader outcomes. This distribution indicates that retail or speculative capital is currently more exposed in niche tokens than in established blue-chip cryptocurrencies.
Generated by WOOFUN AI · For reference only, not investment advice
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