IP Contract Price Hits $9, Liquidations Exceed $38M

Flash

February 21, 2025 11:15 AM

In Brief:
IP contract price briefly reached $9 before retracing.
Total liquidations in the past 24 hours exceeded $38 million.

According to Coinglass data, IP contract trading saw $38.14 million in liquidations over the last 24 hours, making it the second-highest liquidation market after Bitcoin. The breakdown includes $8.56 million in long liquidations and $29.57 million in short liquidations.

With high volatility in the market, traders remain cautious as IP price movements continue to trigger large-scale liquidations across exchanges.

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