ChainCatcher report, according to Coinglass data, $222 million in total liquidations occurred across the network in the past 24 hours, with $109 million in long positions liquidated and $113 million in short positions liquidated. Of this, Bitcoin longs amounted to $45.86 million in liquidations, while Bitcoin shorts totaled $37.44 million; Ethereum longs reached $21.55 million in liquidations, and Ethereum shorts totaled $23.47 million. Additionally, over the past 24 hours, 80,450 users globally were liquidated, with the largest single liquidation occurring on Hyperliquid - XYZ:SP500-USD at $6.45 million.
Global liquidations reach $222M in 24 hours, with BTC and ETH leading
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According to ChainCatcher and Coinglass data, global liquidations reached $222 million in the last 24 hours, with $109 million in longs and $113 million in shorts. Bitcoin longs were liquidated for $45.86 million, while Bitcoin shorts were liquidated for $37.44 million. Ethereum longs totaled $21.55 million, and Ethereum shorts reached $23.47 million. Traders monitoring support and resistance levels incurred losses as 80,450 accounts were liquidated. The largest single liquidation event was $6.45 million on Hyperliquid - XYZ:SP500-USD. Value investing in crypto remains a key strategy amid volatile market conditions.
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