The post TRUMP Coin Sees Significant Liquidations: 24-Hour Long/Short Ratio Drops to 0.9463 appeared on BitcoinEthereumNews.com.

As of January 19th, COINOTAG reports a current aggregated long/short ratio of TRUMP stands at 0.9463, according to data derived from Coinglass. In the specific TRUMP/USDT trading pair on Binance, the long/short ratio reflects a significant divergence, with figures reaching 4.3619 for the general account and 2.6417 for larger accounts. Furthermore, large account holdings present a ratio of 1.2381. The total liquidity in the TRUMP contract has been recorded at an impressive 1.778 billion US dollars. Notably, recent liquidations totaled 487.477 million US dollars, of which 246.064 million US dollars were attributed to long positions. This dynamic illustrates a pronounced trend of simultaneous double liquidations impacting both long and short traders in the market. Source: https://en.coinotag.com/breakingnews/trump-coin-sees-significant-liquidations-24-hour-long-short-ratio-drops-to-0-9463/

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Filed under: News - @ January 19, 2025 11:08 am