coin-img-ETHETH+0.87%coin-img-BTCBTC+1.39%coin-img-SOLSOL-0.62%coin-img-XRPXRP+0.33%coin-img-TOMTOM+110.48%coin-img-BENZBENZ-31.78%coin-img-USDCUSDC-0.02%coin-img-DOGEDOGE-1.21%coin-img-ETHETH+0.87%coin-img-BTCBTC+1.39%coin-img-SOLSOL-0.62%coin-img-XRPXRP+0.33%coin-img-TOMTOM+110.48%coin-img-BENZBENZ-31.78%coin-img-USDCUSDC-0.02%coin-img-DOGEDOGE-1.21%coin-img-ETHETH+0.87%coin-img-BTCBTC+1.39%coin-img-SOLSOL-0.62%coin-img-XRPXRP+0.33%coin-img-TOMTOM+110.48%coin-img-BENZBENZ-31.78%coin-img-USDCUSDC-0.02%coin-img-DOGEDOGE-1.21%coin-img-ETHETH+0.87%coin-img-BTCBTC+1.39%coin-img-SOLSOL-0.62%coin-img-XRPXRP+0.33%coin-img-TOMTOM+110.48%coin-img-BENZBENZ-31.78%coin-img-USDCUSDC-0.02%coin-img-DOGEDOGE-1.21%

RAVE sees $20.64M in 24-hour liquidations as open interest plunges 83% from April 11 peak

BlockBeats reported on April 18, citing Coinglass data, that RAVE jumped back above $27, driving total liquidations over the past 24 hours to $20.64 million. The figure ranked third behind Bitcoin and Ethereum. Short liquidations accounted for $18.34 million, and the largest single liquidation was $161,500. Despite the price rally, derivatives positioning has cooled sharply. As of press time, network-wide RAVE contract open interest fell to 25.4885 million tokens (coin-margined), down 83% from its April 11 peak of 150 million tokens.
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