Binance ETH Long Liquidations Top $106 Million in One Hour

The post Binance ETH Long Liquidations Top $106 Million in One Hour appeared first on Coinpedia Fintech News

More than $106 million in Ethereum (ETH) long positions were liquidated on Binance within one hour following hotter-than-expected U.S. inflation data, marking the largest hourly liquidation of ETH longs on the exchange in nearly six months, according to CryptoQuant analyst Darkfost. He noted that crypto futures trading volume is now roughly nine times spot volume, …