According to ChainCatcher, data from Coinglass shows that over the past 24 hours, $180 million in total positions were liquidated across the network, including $105 million in long positions and $74.8851 million in short positions. Specifically, $19.6342 million in Bitcoin long positions and $20.7923 million in Bitcoin short positions were liquidated; $17.0846 million in Ethereum long positions and $22.4975 million in Ethereum short positions were liquidated. Additionally, over the past 24 hours, 78,163 users worldwide were liquidated, with the largest single liquidation occurring on Aster - ETHUSDT at a value of $10.4925 million.
Global liquidations reach $180M in 24 hours, longs outpace shorts
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Summary
Global crypto liquidations reached $180 million in 24 hours, with longs outpacing shorts. Long positions incurred $105 million in losses, while shorts lost $74.89 million. Bitcoin longs were liquidated for $19.63 million, and shorts for $20.79 million. Ethereum longs lost $17.08 million, and shorts lost $22.50 million. A total of 78,163 traders were liquidated, with the largest single liquidation occurring on Aster - ETHUSDT at $10.49 million. Traders using technical analysis for crypto may find value investing in crypto more resilient amid volatility.
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