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RAVE's liquidation amount in the past 24 hours is second only to Bitcoin and Ethereum, with open positions sharply decreasing during the same period.
Mars Finance News, April 18th, according to Coinglass data, as RAVE surged again and broke through $27, the total liquidation on the network in the past 24 hours reached $20.64 million, ranking second only to Bitcoin and Ethereum, with short positions liquidated at $18.34 million, and the largest single liquidation at $161.5k. Notably, despite the price soaring again, the total open contract positions for RAVE on the network showed a sharp decline. As of press time, RAVE’s open positions have fallen to 25.4885 million tokens (coin-margined), an 83% decrease from the peak level of 150 million tokens on April 11th.