Odaily Planet Daily reports, according to Coinglass data, $122 million in total liquidations occurred globally in the past hour, with $118 million from long positions and $3.61 million from short positions. Additionally, ETH liquidations reached $54.45 million, and BTC liquidations reached $48.87 million.
Global crypto liquidations reach $122M in one hour, with ETH liquidations hitting $54.45M
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Summary
Value investing in crypto remains a key focus as global crypto liquidations reached $122 million in one hour, according to Coinglass data. Long positions accounted for $118 million, while short positions totaled $3.61 million. Ethereum led with $54.45 million in liquidations, followed by Bitcoin at $48.87 million. A long-term crypto strategy emphasizes position management amid sharp market swings.
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