According to ChainCatcher, data from Coinglass shows that the entire network experienced $800 million in liquidations in the past 24 hours, with long positions liquidated amounting to $597 million and short positions liquidated totaling $204 million. Among these, long Bitcoin positions were liquidated for $201 million, while short Bitcoin positions were liquidated for $66.151 million. Long Ethereum positions were liquidated for $216 million, and short Ethereum positions were liquidated for $78.3129 million.
Data: $800M in Liquidations Across Crypto Markets in 24 Hours
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Summary
Value investing in crypto remains a key focus as $800 million in liquidations hit the market in 24 hours, according to Coinglass data. Long positions accounted for $597 million, while short liquidations totaled $204 million. Bitcoin longs saw $201 million in losses, while shorts lost $66.15 million. Ethereum long liquidations reached $216 million, and shorts faced $78.31 million in losses. A long-term crypto strategy may help traders navigate such volatility.
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