According to ChainCatcher, data from Coinglass shows that $335 million in liquidations occurred across the entire crypto market in the past 24 hours, with $297 million in long positions and $38.14 million in short positions being liquidated. Specifically, long Bitcoin positions were liquidated for $108 million, while short Bitcoin positions were liquidated for $3.4781 million. Long Ethereum positions were liquidated for $114 million, and short Ethereum positions were liquidated for $4.4501 million. Additionally, in the past 24 hours, a total of 104,068 traders were liquidated globally, with the largest single liquidation occurring on Hyperliquid - ETH-USD, valued at $6.8094 million.
Global Liquidations Reach $335M in 24 Hours, Longs Dominate with $297M
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Summary
Value investing in the crypto market remains under pressure as global liquidations reached $335 million within 24 hours. Long positions dominated the liquidations, totaling $297 million, including $108 million in Bitcoin and $114 million in Ethereum. Short liquidations amounted to $38.14 million. Over 104,000 traders were impacted, with the largest single loss reaching $6.81 million on Hyperliquid. Technical analysis for crypto suggests increased volatility, with long positions bearing the majority of the losses.
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