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218d 21h ago
MYX Sees $62.57M in 24‑Hour Liquidations — Shorts Hit $52M, Bybit’s $4.78M MYXUSDT Order Largest
Coinglass reported that the total value of liquidated positions in the MYX perpetual contract across all exchanges reached $62.57 million over a 24‑hour window, ranking it first by liquidated value in the crypto market. For comparison, ETH liquidations were recorded at $46.49 million during the same period, according to Coinglass data.
The internal composition showed long positions worth about $10.5 million were liquidated versus roughly $52 million in short positions, indicating a predominant short‑side unwind in that interval. The single largest event was a $4.7814 million liquidation on Bybit for the MYXUSDT pair, reflecting concentrated notional exposure in that instrument.
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