Huoxing Finance reports that, according to Coinglass data as of October 9, $528 million in total liquidations occurred across the network in the past 24 hours, including $359 million in long positions and $170 million in short positions. A total of 102,425 users worldwide were liquidated, with the largest single liquidation occurring on Hyperliquid - ETH-USD, valued at $19.9818 million.
Global crypto liquidations reach $528M in 24 hours, long positions hit hardest
MarsBitShare
Summary
Value investing in crypto is under pressure as global liquidations reached $528 million in 24 hours, according to MarsBit. Long positions accounted for $359 million, while short liquidations totaled $170 million. Over 102,425 traders were affected, with the largest single loss of $19.98 million occurring on Hyperliquid on ETH-USD. Technical analysis for crypto suggests that heightened volatility remains a key risk for traders.
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