ChainCatcher report, according to Coinglass data, $372 million in total liquidations occurred across the network in the past 24 hours, including $166 million in long liquidations and $207 million in short liquidations. Specifically, Bitcoin longs were liquidated for $71.15 million, while Bitcoin shorts were liquidated for $93.98 million; Ethereum longs were liquidated for $41.33 million, and Ethereum shorts for $59.50 million. Additionally, over the past 24 hours, 101,930 users worldwide were liquidated, with the largest single liquidation occurring on Aster - SOLUSDT for $4.0033 million.
Global liquidations reach $372M in 24 hours, longs outpace shorts
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Summary
Technical analysis for crypto indicates shifting support and resistance levels as global liquidations reached $372 million in 24 hours. Long positions were liquidated for $166 million, while short positions were liquidated for $207 million. BTC longs lost $71.15 million, and shorts lost $93.98 million. ETH longs and shorts incurred losses of $41.33 million and $59.5 million, respectively. Over 101,930 traders were affected, with the largest single liquidation occurring on Aster—SOLUSDT for $4 million.
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