Huo Xing Finance reports that, according to Coinglass data as of September 18, $187 million in total liquidations occurred across the network in the past hour, with $8.22 million in long positions liquidated and $178 million in short positions liquidated. BTC liquidations amounted to $119 million, while ETH liquidations reached $36.04 million.
Global crypto liquidations reach $187M in one hour, with BTC accounting for $119M.
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Summary
Value investing in crypto continues to face pressure as global liquidations reached $187 million in one hour on September 18, according to Coinglass. Long positions incurred $82.2 million in losses, while short positions were liquidated for $178 million. Bitcoin led with $119 million in total account losses related to crypto, followed by Ethereum at $36.04 million. Traders are closely monitoring price movements amid heightened volatility.
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