COAI Contract Liquidations Surge to $20.97 Million in 24 Hours

Market volatility on the COAI network has resulted in significant liquidations. Data from BlockBeats shows that over a 24-hour span, trading activity within COAI contracts reached a staggering total of $20.97 million in liquidations. Long positions accounted for $5.17 million in losses, while short positions totaled $15.80 million in realized losses. This figure represents the highest level of liquidation activity among major cryptocurrencies, only surpassed by Bitcoin (BTC) and Ethereum (ETH).