According to ChainCatcher, data from CoinGlass shows that the total liquidation amount in the cryptocurrency market over the past 24 hours reached $178 million, with long positions liquidated for $143 million and short positions liquidated for $34.715 million. Bitcoin (BTC) liquidations totaled $66.691 million, while Ethereum (ETH) liquidations amounted to $42.15 million. A total of 69,679 individuals were liquidated over the past 24 hours, with the largest single liquidation occurring on the BTC-USD pair on Hyperliquid, valued at $36.007 million.
$178M in liquidations across crypto markets in 24 hours, long positions hit hardest
ChaincatcherShare
Summary
Value investing in crypto is under pressure as $178 million in liquidations hit the crypto markets within 24 hours, according to CoinGlass data. Long positions accounted for $143 million, while short positions totaled $34.715 million. Bitcoin liquidations reached $66.691 million, and Ethereum liquidations amounted to $42.15 million. A total of 69,679 traders were liquidated, with the largest single trade occurring on Hyperliquid’s BTC-USD pair at $36.007 million. Holders of long-term crypto strategies may need to reassess their risk exposure amid heightened volatility.
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.