According to ChainCatcher, Coinglass data shows that the total liquidation amount across the network in the past hour reached $50.24 million, with $34.16 million in short positions liquidated and $16.02 million in long positions liquidated. Additionally, BTC liquidations amounted to $22.75 million, and ETH liquidations reached $7.93 million.
Over $50 million in liquidations across crypto markets in one hour
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Summary
Value investing in crypto remains a key focus as the market experiences sharp swings. Over $50.24 million in liquidations hit crypto markets in the past hour, with short positions totaling $34.16 million and longs at $16.02 million. Bitcoin led with $22.75 million in liquidations, followed by Ethereum at $7.93 million. Traders using technical analysis for crypto are closely monitoring position shifts amid the volatility.
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