According to CoinGlass data, the total cryptocurrency market liquidations over the past 24 hours reached $659 million, with long positions liquidated at $601 million and short positions liquidated at $58.64 million. Among these, BTC liquidations amounted to $175 million ($164 million in longs and $11.36 million in shorts), ETH liquidations totaled $165 million ($150 million in longs and $15.03 million in shorts), and SOL liquidations reached $30.16 million ($29.20 million in longs and $961,300 in shorts). A total of 138,559 individuals were liquidated over the past 24 hours, with the largest single liquidation occurring on the ETH-USD pair on Hyperliquid, valued at $14.15 million.
Crypto liquidations reach $659M in 24 hours, long positions hit hardest
TechFlowShare
Summary
Value investing in crypto is under pressure as total liquidations reached $659 million in 24 hours, according to TechFlow. Long positions accounted for $601 million, while short positions totaled $58.64 million. Bitcoin and Ethereum led the way with $175 million and $165 million in liquidations, respectively. Over 138,559 traders were affected, with the largest single liquidation at $14.15 million on Hyperliquid’s ETH-USD pair. Technical analysis for crypto suggests that heightened volatility remains a key risk.
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