According to ChainCatcher, Coinglass data shows that $296 million in total positions were liquidated over the past 24 hours, including $216 million in short positions and $79.62 million in long positions. Additionally, BTC liquidations amounted to $104 million, ETH liquidations reached $85.74 million, and ZEC liquidations totaled $18.19 million.
Global liquidations reach $296M in 24 hours, short positions hit hard
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Summary
Value investing in crypto remains a key focus as global liquidations reached $296 million in the past 24 hours, according to Coinglass data. Short positions accounted for $216 million of the total. Bitcoin experienced $104 million in liquidations, while Ethereum and Zcash faced $857.4 million and $181.9 million, respectively. Traders using technical analysis for crypto are closely monitoring price movements amid rising volatility.
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