JCT liquidations exceed $7.7 million in the past 4 hours, ranking first across the entire network, with a sudden surge of over 3.5 times.

BlockBeats news, November 8th, according to HTX market information, JCT (JACTION) experienced a sudden surge, rising more than 3.5 times in the past 4 hours, breaking through $0.014.

In addition, the funding rate for JCT on mainstream trading platforms has sharply increased, with the annualized funding rate for JCT on Binance rising to 1050%.

According to Coinglass data, JCT's liquidation amount exceeded $7.7 million in the past 4 hours, ranking first across the entire network, with short position liquidations amounting to $6.17 million.