Data: FARTCOIN's market value briefly dropped by 10%, with over 7.8 million dollars in liquidations across the network in the past hour, ranking first
According to GMGN monitoring, the market capitalization of the meme FARTCOIN on the Solana chain has reached 300 million USD, experiencing a short-term decline of 10%, currently reported at 0.306 USD. As a result, over the past hour, the total liquidation across the network exceeded 7.87 million USD, with nearly 9.56 million USD liquidated in the last 4 hours, of which long positions accounted for about 99%, making the total liquidation second only to BTC.In addition, according to HyperInsight monitoring, liquidations of FARTCOIN on Hyperliquid accounted for about 47% of the total network, with the largest long position in FARTCOIN having an unrealized loss of 240,000 USD (97%), with a position size of about 2.5 million USD and a liquidation price of 0.297 USD, just about 2.3% away from liquidation.ChainCatcher reminds investors that the volatility in the cryptocurrency market has significantly increased recently, and investors should pay attention to risk control.