Pepe (PEPE), which has taken the crypto market by storm, has increased by close to 150 percent in the last 24 hours and left its mark on the liquidation data.
Huge trading volumes continue in PEPE, the new star of Memecoins. PEPE, which has increased by 146 percent instantaneously in the last 24 hours, is the language of crypto investors. A lot of surprising data comes from memecoin, which has reached incredible volumes with its reputation. In the last 24-hour period, $9.95 million (5.06 trillion) of PEPEs were liquidated. Not only the liquidation data, but also the direction of this data had a great impact.
PEPE Purge Data
$10.07 million worth of PEPE has been liquidated in the last 24 hours. This value equates to 5.06 trillion PEPE on average. The largest liquidation value after Bitcoin and Ethereum came from PEPE. “short” positions account for 71.05 percent of PEPEs liquidated in the last 24 hours.
This value corresponds to $2.91 million long positions and 7.15 million dollars short positions. The largest liquidation data was seen on the OKX exchange. In addition, it was noteworthy that 93.83 percent of the liquidation transactions in Bitmex were composed of “short” positions. Interesting data may continue to come from PEPE, which is defined as one of the new stars of the market.
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