ChainCatcher report, according to CoinGlass data, the total cryptocurrency market liquidations over the past 24 hours reached $229 million, with long positions liquidated at $86.67 million and short positions liquidated at $142 million. BTC liquidations amounted to $64.41 million, while ETH liquidations reached $33.20 million. A total of 153,407 individuals were liquidated in the past 24 hours, with the largest single liquidation occurring on the BTCUSDT pair from Aster, valued at $12.41 million.
$229M in liquidations in 24 hours; short positions hit hardest
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Summary
Value investing in crypto remains a key focus as the market experiences $229 million in liquidations over 24 hours, according to CoinGlass data. Short positions were hit hardest, with $142 million liquidated compared to $86.67 million for longs. BTC liquidations totaled $64.41 million, while ETH reached $33.2 million. Over 153,000 traders were affected, with the largest single loss occurring on Aster BTCUSDT at $12.41 million. Traders are now closely monitoring key support and resistance levels.
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