08.09.2025 02:39
In the last 24 hours, certain altcoins have experienced liquidation volumes that have eclipsed that of Bitcoin, as reported by COINOTAG using Coinglass data. SOMI, in particular, saw a remarkable surge of approximately 56%, bringing its trading price to $1.64. This impressive climb was accompanied by roughly $17.4 million in liquidations, primarily affecting short positions, and is currently characterized by a negative contract funding rate, according to internet sources.
Furthermore, MYX witnessed an even more substantial increase, soaring over 180% to reach $3.73. This surge was marked by approximately $13.5 million in liquidations, concentrated in short positions, with a positive funding rate also observed. WLFI also demonstrated notable activity, climbing over 2% to $0.23, with liquidations nearing $12.2 million affecting both long and short positions. A positive contract funding rate was similarly noted for WLFI, as per information gleaned from internet sources.