$438M in liquidations across crypto markets in 24 hours

iconChaincatcher
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
AI summary iconSummary

expand icon
Value investing in crypto remains a key focus as the market witnessed $438 million in liquidations over the past 24 hours, according to ChainCatcher. Long positions accounted for $340 million, while short positions totaled $98.24 million. Bitcoin and Ethereum led with $149 million and $118 million in liquidations, respectively. Over 126,000 traders were affected, with the largest single liquidation reaching $10.82 million on Hyperliquid’s BTC-USD pair. Traders are closely monitoring support and resistance levels amid heightened volatility.

According to ChainCatcher, data from CoinGlass shows that the total cryptocurrency market liquidations over the past 24 hours reached $438 million, with long positions liquidated for $340 million and short positions liquidated for $98.24 million. BTC liquidations amounted to $149 million, while ETH liquidations reached $118 million. A total of 126,272 individuals were liquidated in the past 24 hours, with the largest single liquidation occurring on the BTC-USD pair on Hyperliquid, valued at $10.8192 million.

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.