Global crypto liquidations reach $203M in 4 hours, with BTC accounting for nearly $100M

iconKuCoinFlash
Share
This is the logo of the coin.
BTC
$79,924.10-0.05%
This is the logo of the coin.
ETH
$2,503.790%
AI summary iconSummary
Crypto traders reported a sharp spike in liquidations, with global crypto liquidations reaching $203 million over the past four hours. Long positions accounted for $68.59 million in liquidations, while short positions totaled $135 million. Bitcoin led the figures with $98.72 million in liquidations, followed by Ethereum at $48.1 million. Value investing remains a key strategy amid volatile market conditions.

Odaily Planet Daily reports, according to Coinglass data, $203 million in total liquidations occurred over the past four hours, with $68.59 million in long positions liquidated and $135 million in short positions liquidated.

Among these, BTC liquidations amounted to $98.72 million, and ETH liquidations amounted to $48.10 million.

Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.