Huoxing Finance reports, according to Coinglass data, that over the past 24 hours, $269 million in total positions were liquidated across the network, including $79.69 million in long positions and $189 million in short positions. Specifically, Bitcoin longs accounted for $7.99 million in liquidations, while Bitcoin shorts totaled $77.61 million; Ethereum longs reached $21.19 million in liquidations, and Ethereum shorts amounted to $41.92 million.
Global liquidations reach $269M in 24 hours, longs outpace shorts
MarsBitShare
Summary
Value investing in crypto remains a key focus as global liquidations reached $269 million in 24 hours, according to Coinglass. Long positions totaled $79.69 million, while short positions reached $189 million. Bitcoin shorts led in losses at $77.61 million, compared to $7.99 million for longs. Ethereum longs were liquidated for $21.19 million, and shorts for $41.92 million. Traders using technical analysis for crypto may find these figures useful for adjusting their positions.
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