BlockBeats News, April 18, according to Coinglass data, accompanied by a new surge, RAVE has once again broken through $27. In the past 24 hours, the entire network of this coin has liquidated $20.64 million, ranking third after Bitcoin and Ethereum. Among them, short positions liquidated $18.34 million, with the largest single liquidation reaching $161,500.
It is worth noting that despite the sharp increase in price, the total open interest of RAVE has experienced a sharp decline. At the time of writing, the RAVE open interest has dropped to 25.4885 million tokens (coin-denominated), a decrease of 83% from the peak level of 150 million tokens on April 11.
