SPCX Contracts Hit $40.51M in Liquidations in 24 Hours, Second Only to BTC and ETH

SPCX-6.73%
BTC-4.12%
ETH-5.57%
According to Coinglass data, SPCX contracts experienced $40.51 million in liquidations over the past 24 hours as of June 23, making it the third-largest liquidation volume among all assets. Long positions accounted for $38.07 million of the total, while short liquidations totaled $2.44 million, trailing only Bitcoin and Ethereum in daily liquidation volume.
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