According to ChainCatcher, data from Coinglass shows that the total liquidations across the entire network in the past 24 hours amounted to $1.8 billion, with long positions being liquidated for $1.675 billion and short positions for $125 million. Among these, Bitcoin long positions were liquidated for $752 million, and Bitcoin short positions for $39.1878 million. Ethereum long positions were liquidated for $393 million, and Ethereum short positions for $30.3108 million.
Data: $1.8 Billion in Liquidations Across Crypto Markets in 24 Hours
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Summary
Value investing in crypto faces a volatile test as $1.8 billion in liquidations hit crypto markets in the past 24 hours, according to Coinglass data. Long positions accounted for $1.675 billion, with Bitcoin long liquidations at $752 million and Ethereum at $393 million. Short liquidations totaled $125 million. A long-term crypto strategy must account for such swings, as Bitcoin short liquidations reached $39.19 million and Ethereum short liquidations hit $30.31 million.
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