Huo Xing Finance reports, according to Coinglass data, that over the past 24 hours, $167 million in total positions were liquidated across the network, including $52.028 million in long positions and $115 million in short positions. Specifically, Bitcoin longs totaled $5.8447 million in liquidations, while Bitcoin shorts reached $35.0861 million; Ethereum longs amounted to $9.4297 million in liquidations, and Ethereum shorts totaled $26.5701 million.
$167 million in liquidations across crypto markets in 24 hours
MarsBitShare
Summary
Value investing in crypto remains a key focus as the market experiences $167 million in liquidations over 24 hours, according to Coinglass data. Long positions incurred $52.03 million in losses, while short positions suffered $115 million. Bitcoin shorts were hit hardest at $35.09 million, compared to $5.84 million for longs. Ethereum shorts lost $26.57 million, with longs at $9.43 million. Traders using technical analysis for crypto may find these figures critical for adjusting their positions.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.