ChainCatcher News, according to Coinglass data, the entire network had a liquidation of $230 million in the past 24 hours, with long position liquidation of $77.4467 million and short position liquidation of $153 million. Among them, Bitcoin long position liquidation was $16.6374 million, Bitcoin short position liquidation was $101 million, Ethereum long position liquidation was $22.3933 million, and Ethereum short position liquidation was $22.0525 million.
Global Liquidations Reach $230M in 24 Hours, Longs Outpace Shorts
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Summary
Technical analysis for crypto suggests shifting momentum as global liquidations hit $230 million in 24 hours, with longs outpacing shorts. Long positions saw $77.45 million in losses, while shorts lost $153 million. Bitcoin longs were liquidated for $16.64 million, compared to $101 million in short losses. Ethereum longs lost $22.39 million, and shorts $22.05 million. Value investing in crypto remains a key strategy amid volatile price swings.
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