Global liquidations reach $112M in 24 hours, longs outpace shorts

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Global crypto liquidations reached $112 million in 24 hours, with shorts exceeding longs. Longs totaled $48.95 million, while shorts reached $63.5 million. Bitcoin and Ethereum experienced significant liquidations, with BTC shorts at $19.86 million and ETH shorts at $12.51 million. Over 66,000 traders were affected, including a $3.89 million liquidation on Hyperliquid. Traders are now monitoring key support and resistance levels, as value investing in crypto remains a priority.

ChainCatcher report, according to Coinglass data, over the past 24 hours, the entire market saw $112 million in liquidations, with long positions liquidated at $48.95 million and short positions at $63.50 million. Specifically, Bitcoin longs were liquidated for $1.96 million, while Bitcoin shorts were liquidated for $19.86 million; Ethereum longs were liquidated for $3.85 million, and Ethereum shorts for $12.51 million. Additionally, over the past 24 hours, a total of 66,089 users worldwide were liquidated, with the largest single liquidation occurring on Hyperliquid - BTC-USD at $3.89 million.

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