Over $60 million in liquidations across crypto markets in the past hour

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Value investing in crypto remains a key focus as the market experiences over $60 million in liquidations in the past hour, according to Coinglass data. Short positions accounted for $59.37 million in liquidations, while long positions suffered $70 million in losses. Bitcoin led with $27.46 million in liquidations, followed by Ethereum at $26.31 million. Traders using technical analysis for crypto are closely monitoring price movements amid heightened volatility.

ChainCatcher report, according to Coinglass data, $60.08 million in total liquidations occurred across the network in the past hour, with $59.37 million from short positions and $700,000 from long positions. Additionally, BTC liquidations amounted to $27.46 million, and ETH liquidations reached $26.31 million.

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