At the time of writing, at $0.1151, representing a 7.74% decline over the past 24 hours. Massive Liquidations Hit Crypto Futures MarketThe past 24 hours saw significant turbulence in the crypto derivatives market. Spot trading volumes declined 13% in the last 24 hours to $1.16 billion. Bitmex exchange reported a remarkable 10,782% surge in futures volume over 24 hours. Trading volume on the platform reached $200.98 million, standing out amid otherwise declining metrics.