Global liquidations reach $279M in 24 hours, longs outpace shorts

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Value investing in crypto remains a key focus as global liquidations reached $279 million in 24 hours, with longs outpacing shorts. Long positions totaled $166 million, including $38.6 million in Bitcoin and $59.4 million in Ethereum. Shorts were liquidated for $113 million, with $28.9 million in Bitcoin and $18.5 million in Ethereum. Over 108,000 traders were affected, with the largest single loss of $1.98 million on Hyperliquid’s SOL-USD pair. Technical analysis for crypto suggests mixed sentiment, as longs dominate.

ChainCatcher report, according to Coinglass data, over the past 24 hours, the entire market saw $279 million in liquidations, with $166 million from long positions and $113 million from short positions. Among these, Bitcoin longs were liquidated for $38.6 million and Bitcoin shorts for $28.87 million; Ethereum longs were liquidated for $59.38 million and Ethereum shorts for $18.49 million. Additionally, over the past 24 hours, a total of 108,155 users worldwide were liquidated, with the largest single liquidation occurring on Hyperliquid - SOL-USD at $1.98 million.

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