From TokenPost · · 40s
Micron Perpetuals Drop 6.32% in 10-Minute Move
Micron-linked perpetual futures plunged 6.32% in 10 minutes on Oct. 17 as $51.6m in positions liquidated.
In brief
Micron-linked perpetual futures plunged 6.32% in 10 minutes on Oct. 17 as $51.6m in positions liquidated. Micron-linked perpetual futures fell 6.32% to $818.57 over 10 minutes on Oct. 17, liquidating $51.6m in positions. Originally reported by TokenPost.
Perpetual Futures Drop
Micron-linked perpetual futures fell 6.32% to $818.57 over a 10-minute period on Oct. 17.
Positions Liquidated
The decline ran from 5:22 p.m. to 5:32 p.m. ET (21:22, 21:32 UTC), liquidating $51.6 million in positions.
Position Breakdown
Long positions made up $38.1 million of the liquidations, while short positions accounted for $13.5 million.
The main idea
Micron-linked perpetual futures fell 6.32% to $818.57 over 10 minutes on Oct. 17, liquidating $51.6m in positions.
