BlockBeats news: On March 22, according to Coinglass data, $183 million in total liquidations occurred across the network in the past hour, including $174 million in long positions and $8.88 million in short positions. Bitcoin futures liquidations amounted to $83.28 million, while Ethereum futures liquidations reached $60.34 million.
Global crypto liquidations reach $183M in one hour, with long positions hit hardest.
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Summary
Value investing in crypto faces a sharp test as global crypto liquidations reached $183 million in one hour on March 22, according to Coinglass data. Long positions accounted for $174 million of the total, while short positions incurred $8.88 million in losses. Bitcoin futures led with $83.28 million in liquidations, followed by Ethereum at $60.34 million. A long-term crypto strategy must now navigate heightened volatility and shifting market sentiment.
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