Global Crypto Liquidations Reach $61.8M in One Hour, Short Positions Hit Hard

iconKuCoinFlash
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
Value investing in crypto faces a sharp test as global crypto liquidations hit $61.8 million in one hour on December 19, per Coinglass data. Short positions accounted for $57.2 million of the total, while long liquidations reached $4.59 million. Traders following a long-term crypto strategy may need to reassess exposure amid the rapid market shift.
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.