According to ChainCatcher, data from Coinglass shows that the total liquidations across the entire network in the past 24 hours amounted to $2.557 billion, with long positions being liquidated for $2.39 billion and short positions for $168 million. Among these, Bitcoin long positions were liquidated for $730 million, and Bitcoin short positions for $48.8268 million. Ethereum long positions were liquidated for $1.079 billion, and Ethereum short positions for $68.9327 million.
Global Liquidations Reach $2.56 Billion in 24 Hours, Longs Dominate with $2.39 Billion
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Summary
Value investing in crypto remains a key focus as global liquidations reached $2.56 billion within 24 hours, according to Coinglass data. Long positions accounted for $2.39 billion of this, including $730 million in Bitcoin and $1.08 billion in Ethereum. Short liquidations totaled $168 million. This trend supports a long-term crypto strategy, with long positions outpacing short positions across major assets.
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