According to BlockBeats news, on April 18, according to data from Coinglass, when RAVE rose again to over $27, the currency liquidated $20.64 million across the network in the last 24 hours, only surpassed by Bitcoin and Ethereum, of which short orders liquidated $18.34 million, and the largest individual liquidation was $161,500.
It is worth noting that, despite the renewed rise in currency prices, holdings of RAVE contracts across the network have experienced a sharp decline. At the time of this edition, the open interest of RAVE has fallen to 25,488,500 coins (based on coins), a decrease of 83% from the peak level of 150 million coins on April 11.
BTC
74,148.59
-2.19%
ETH
2,272.61
-3.58%
RAVEUSDT
Perp
0.62464
-79.90%