Global liquidations reach $219M in 24 hours, longs outpace shorts

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Value investing in crypto remains a key focus as global liquidations reached $219 million in 24 hours, according to Coinglass data. Long positions were liquidated for $66.4 million, while short positions totaled $153 million. Bitcoin shorts incurred $60.45 million in losses, compared to $8.42 million for longs. Ethereum longs amounted to $8.35 million, with shorts at $37.43 million. Over 59,561 traders were affected, including a $24.37 million liquidation on Aster - ETHUSDT. Technical analysis for crypto suggests mixed sentiment, with shorts dominating across major pairs.

ChainCatcher report, according to Coinglass data, $219 million in total liquidations occurred across the network in the past 24 hours, including $66.40 million in long liquidations and $153 million in short liquidations. Of this, Bitcoin longs were liquidated for $8.42 million and Bitcoin shorts for $60.45 million; Ethereum longs were liquidated for $8.35 million and Ethereum shorts for $37.43 million. Additionally, over the past 24 hours, 59,561 users globally were liquidated, with the largest single liquidation occurring on Aster - ETHUSDT for $24.37 million.

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