Global liquidations reach $221M in one hour, with short positions dominating.

iconKuCoinFlash
Share
This is the logo of the coin.
BTC
$78,745.500.11%
This is the logo of the coin.
ETH
$2,494.580.09%
AI summary iconSummary
Value investing in crypto remains a key focus as global liquidations reached $221 million in one hour, with short positions accounting for $217 million, according to CoinGlass. Bitcoin led with $165 million in liquidations, followed by Ethereum at $48.13 million. Traders are closely monitoring support and resistance levels amid sharp price fluctuations.

Odaily Planet Daily reports, according to CoinGlass data, the total liquidation amount across the network in the past hour reached $221 million, with long positions liquidated at approximately $4.2463 million and short positions liquidated at approximately $217 million, with short liquidations accounting for the vast majority.

BTC liquidations amounted to approximately $165 million, and ETH liquidations amounted to approximately $48.13 million.

Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.