Huo Xing Finance reports, according to Coinglass data, that over the past 24 hours, $238 million in total positions were liquidated across the network, including $103 million in long positions and $136 million in short positions. Specifically, Bitcoin longs accounted for $42.47 million in liquidations, while Bitcoin shorts totaled $68.42 million; Ethereum longs amounted to $18.28 million in liquidations, and Ethereum shorts reached $39.69 million.
$238 million in liquidations across crypto markets in the past 24 hours
MarsBitShare
Summary
Value investing in crypto remains a key focus as the market experienced $238 million in liquidations over the past 24 hours, according to Coinglass data. Long positions suffered $103 million in losses, while short positions faced $136 million in liquidations. Bitcoin longs lost $42.47 million, with shorts liquidated for $68.42 million. Ethereum longs were liquidated for $18.28 million, and shorts for $39.69 million. Traders using technical analysis for crypto may need to adjust their positions amid sharp 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.