Odaily Planet Daily reports, according to CoinGlass data, over the past 24 hours, 147,171 traders across the network were liquidated, with a total liquidation amount of $505 million—$362 million from long positions and $143 million from short positions. The largest single liquidation occurred on the BTCUSDT pair on Aster, valued at $11.1713 million.
The crypto market saw $50.5 million in liquidations over 24 hours, with long positions accounting for $36.2 million.
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Summary
Value investing in crypto remains a key focus as the market experienced $50.5 million in liquidations over the past 24 hours. Long positions accounted for $36.2 million in losses, while short positions suffered $14.3 million in losses. The largest single liquidation, amounting to $11.17 million, occurred on BTCUSDT on Aster. Traders using technical analysis for crypto may need to adjust their strategies in response to sharp price fluctuations.
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