Global liquidations reach $208M in 24 hours, longs outpace shorts

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Global crypto liquidations reached $208 million in 24 hours, with longs exceeding shorts. Value investing in crypto remains a key focus, as long positions totaled $85.21 million compared to $123 million for shorts. Bitcoin longs were liquidated for $12.38 million, while shorts reached $53.62 million. Ethereum longs and shorts were liquidated for $18.91 million and $20.97 million, respectively. A total of 79,531 traders were liquidated, with the largest single liquidation occurring on Hyperliquid—XYZ:COIN-USD—at $29.37 million. Technical analysis for crypto indicates mixed sentiment as traders adjust positions amid market volatility.

ChainCatcher report, according to Coinglass data, over the past 24 hours, the total liquidations across the network amounted to $208 million, with long positions liquidated at $85.21 million and short positions liquidated at $123 million. Specifically, Bitcoin longs were liquidated for $12.38 million, while Bitcoin shorts were liquidated for $53.62 million; Ethereum longs were liquidated for $18.91 million, and Ethereum shorts for $20.97 million. Additionally, over the past 24 hours, a total of 79,531 individuals worldwide were liquidated, with the largest single liquidation occurring on Hyperliquid - XYZ:COIN-USD at $2.94 million.

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