Odaily Planet Daily reports, according to Coinglass data, the total liquidations across the network reached $220 million in the past hour, with long positions accounting for $209 million and short positions at $10.52 million. BTC liquidations amounted to $97.37 million, while ETH liquidations reached $62.13 million.
Global crypto liquidations reach $220M in one hour
KuCoinFlashShare
Summary
Value investing in crypto remains a key focus as global crypto liquidations reached $220 million in one hour, according to Coinglass data. Long positions accounted for $209 million in liquidations, while short positions incurred $10.52 million in losses. Bitcoin and Ethereum led the way with $97.37 million and $62.13 million in liquidations, respectively. Traders are closely monitoring support and resistance levels amid the volatility.
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.