ApeCoin Futures See $36M in Liquidations After Volatile Tradin | Metaverse | Nfts | News
ApeCoin Futures See $36M in Liquidations After Volatile Trading
The tokens surged and sank as new features in the Bored Ape Yacht Club ecosystem went live.Futures tracking ApeCoin’s APE tokens lost about $36 million in liquidations during a volatile 24 hours, data shows.
APE prices jumped to more than $27.50 on Thursday evening from $19 on Wednesday, before profit-taking saw the tokens decline to as low as $20.48 in Asian morning hours on Friday. Such movement occurred in an otherwise little-changed crypto market, with bitcoin (BTC) and ether (ETH) moving just 2% in the past 24 hours.
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