Global crypto liquidations reach $3.64 billion in 24 hours, with short positions dominating.

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Value investing in crypto remains a key focus as global crypto liquidations reached $3.64 billion in 24 hours, with short positions accounting for $3.33 billion. Bitcoin and Ethereum led the way, with liquidations of $1.66 billion and $1.34 billion, respectively. Traders using technical analysis for crypto are closely monitoring price movements amid heightened volatility.

ChainThink reports that, according to CoinAnk data, approximately $3.638 billion in positions were liquidated across the network in the past 24 hours, with long positions accounting for about $305 million and short positions for about $3.332 billion.

By cryptocurrency, Bitcoin liquidations amounted to approximately $1.664 billion, and Ethereum liquidations amounted to approximately $1.343 billion.

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