ChainCatcher report, according to Coinglass data, $399 million in total liquidations occurred across the network in the past 24 hours, including $276 million in long liquidations and $123 million in short liquidations. Bitcoin longs accounted for $53.91 million in liquidations, while Bitcoin shorts totaled $32.92 million. Ethereum longs reached $73.35 million in liquidations, and Ethereum shorts amounted to $51.47 million. Additionally, over the past 24 hours, 99,028 users globally were liquidated, with the largest single liquidation occurring on Aster - ETHUSDT at $6.13 million.
Global liquidations reach $399M in 24 hours, longs outpace shorts
ChaincatcherShare
Summary
Global crypto liquidations reached $399 million in 24 hours, with long positions outpacing shorts. Value investing in crypto remains a key strategy, as longs totaled $276 million compared to $123 million for shorts. Bitcoin and Ethereum led the movement, with BTC longs at $53.91 million and shorts at $32.92 million, while ETH longs reached $73.35 million and shorts stood at $51.47 million. Traders monitoring support and resistance levels incurred losses as 99,028 accounts were liquidated, including a $6.13 million liquidation on Aster - ETHUSDT.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.