According to Coinglass data, the total amount of liquidations in the cryptocurrency market over the past 24 hours reached $169 million, with long positions being liquidated for $71.6771 million and short positions for $96.8823 million. Liquidations for BTC amounted to $48.2157 million, and for ETH, $23.7917 million. A total of 86,301 traders were liquidated in the past 24 hours. The largest single liquidation occurred on the BTC-USD trading pair on Hyperliquid, valued at $2.0917 million.
Global Crypto Liquidations Reach $169M in 24 Hours
TechFlowShare
Summary
Value investing in crypto has had a tough 24 hours, with global liquidations reaching $169 million, according to Coinglass. Short positions led the way with $96.88 million in liquidations, while long positions totaled $71.68 million. Bitcoin experienced the highest liquidations at $48.22 million, followed by Ethereum at $23.79 million. Over 86,000 traders were impacted, with the largest single loss amounting to $2.09 million on Hyperliquid’s BTC-USD trading pair. Technical analysis remains crucial in crypto as ongoing volatility continues to test market positions.
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