Odaily Planet Daily reports, according to Coinglass data, $166 million in total liquidations occurred over the past four hours, including $154 million in long positions and $11.51 million in short positions. Additionally, BTC liquidations amounted to $53.82 million, while ETH liquidations reached $45.44 million.
Global crypto liquidations reach $166M in 4 hours, with BTC liquidations hitting $53.82M
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Summary
Value investing in crypto remains under pressure as global liquidations reached $166 million in the past four hours, according to Coinglass. Long positions accounted for $154 million, while short positions totaled $11.51 million. Bitcoin liquidations amounted to $53.82 million, with Ethereum at $45.44 million. Technical analysis for crypto indicates heightened volatility as traders adjust positions amid sharp price swings.
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