PANews reported on January 31 that, according to CoinAnk data, the total liquidation amount for cryptocurrency futures contracts across the entire network reachedPANews reported on January 31 that, according to CoinAnk data, the total liquidation amount for cryptocurrency futures contracts across the entire network reached
In the past 24 hours, total contract liquidations across the entire network amounted to $801 million, primarily long positions.
News Brief
Based on CoinAnk data, the crypto futures market witnessed a brutal $801 million liquidation wave within 24 hours. Long positions bore the brunt of this bloodbath, hemorrhaging $712 million, whereas shorts escaped relatively unscathed with merely $89.73 million in losses. Notably, BTC contributed $160 million to this carnage; however, ETH suffered the most devastating impact at $296 million. This turbulence clearly demonstrates just how unpredictable market conditions have become recently, blindsiding numerous traders in the process.
PANews reported on January 31 that, according to CoinAnk data, the total liquidation amount for cryptocurrency futures contracts across the entire network reached $801 million in the past 24 hours, including $712 million in long positions and $89.7266 million in short positions. The total liquidation amount for BTC was $160 million, and for ETH it was $296 million.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Hadron Labs Launches Bitcoin Summer on Neutron, Offering 5–10% BTC Yield
Hadron Labs launches 'Bitcoin Summer' on Neutron, BTC vaults for WBTC, eBTC, solvBTC, uniBTC and USDC. Earn 5–10% BTC via maxBTC, with up to 10x looping.
Share
Blockchainreporter2025/09/18 02:00
South Korea Launches First Won-Backed Stablecoin KRW1 on Avalanche
South Korea made history this week by launching its first Korean won-backed stablecoin.
Share
Brave Newcoin2025/09/19 03:15
Curve Finance votes on revenue-sharing model for CRV holders
The post Curve Finance votes on revenue-sharing model for CRV holders appeared on BitcoinEthereumNews.com. Curve Finance has proposed a new protocol called Yield Basis that would share revenue directly with CRV holders, marking a shift from one-off incentives to sustainable income. Summary Curve Finance has put forward a revenue-sharing protocol to give CRV holders sustainable income beyond emissions and fees. The plan would mint $60M in crvUSD to seed three Bitcoin liquidity pools (WBTC, cbBTC, tBTC), with 35–65% of revenue distributed to veCRV stakers. The DAO vote runs from up to Sept. 24, with the proposal seen as a major step to strengthen CRV tokenomics after past liquidity and governance challenges. Curve Finance founder Michael Egorov has introduced a proposal to give CRV token holders a more direct way to earn income, launching a system called Yield Basis that aims to turn the governance token into a sustainable, yield-bearing asset. The proposal has been published on the Curve DAO (CRV) governance forum, with voting open until Sept. 24. A new model for CRV rewards Yield Basis is designed to distribute transparent and consistent returns to CRV holders who lock their tokens for veCRV governance rights. Unlike past incentive programs, which relied heavily on airdrops and emissions, the protocol channels income from Bitcoin-focused liquidity pools directly back to token holders. To start, Curve would mint $60 million worth of crvUSD, its over-collateralized stablecoin, with proceeds allocated across three pools — WBTC, cbBTC, and tBTC — each capped at $10 million. 25% of Yield Basis tokens would be reserved for the Curve ecosystem, and between 35% and 65% of Yield Basis’s revenue would be given to veCRV holders. By emphasizing Bitcoin (BTC) liquidity and offering yields without the short-term loss risks associated with automated market makers, the protocol hopes to draw in professional traders and institutions. Context and potential impact on Curve Finance The proposal comes as Curve continues to modify…
Share
BitcoinEthereumNews2025/09/18 14:37