According to ChainCatcher, data from Coinglass shows that $119 million in total positions were liquidated over the past 24 hours, including $82.01 million in long positions and $36.71 million in short positions. Of this, $13.24 million in Bitcoin long positions and $5.71 million in Bitcoin short positions were liquidated, while $22.41 million in Ethereum long positions and $9.81 million in Ethereum short positions were liquidated.
Global liquidations reach $119M in 24 hours, with longs accounting for $82M.
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Summary
Global crypto liquidations reached $119 million in 24 hours, with longs absorbing $82.01 million and shorts $36.71 million. Bitcoin long liquidations totaled $13.24 million, while short liquidations amounted to $5.71 million. Ethereum longs incurred $22.41 million in losses, and shorts faced $9.81 million. Traders adopting a long-term crypto strategy may find value in these trends, as market positioning remains heavily skewed toward bullish exposure.
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