ChainCatcher report, according to Coinglass data, $215 million in total liquidations occurred across the network in the past 24 hours, including $54.82 million in long liquidations and $160 million in short liquidations. Specifically, Bitcoin longs were liquidated for $2.079 million, while Bitcoin shorts were liquidated for $34.738 million; Ethereum longs were liquidated for $5.5816 million, and Ethereum shorts for $85.1891 million. Additionally, over the past 24 hours, 56,495 traders globally were liquidated, with the largest single liquidation occurring on Hyperliquid - XYZ:BRENTOIL-USD at $9.3533 million.
Global liquidations reach $215M in 24 hours, longs outpace shorts
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Summary
Technical analysis for crypto indicates a recent shift in market positioning, as global liquidations reached $215 million in 24 hours, with longs exceeding shorts. Long positions were liquidated for $54.82 million, while shorts totaled $160 million. Bitcoin longs saw $2.08 million in liquidations, compared to $34.74 million in shorts. Ethereum longs were liquidated for $5.58 million, and shorts for $85.19 million. A total of 56,495 traders were affected, with the largest single liquidation at $9.35 million on Hyperliquid—XYZ:BRENTOIL-USD. Value investing in crypto remains a key strategy amid volatile conditions.
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