Global liquidations reach $405M in 24 hours, longs outpace shorts

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Value investing in crypto remains a key focus as global liquidations reached $405 million in 24 hours, with longs exceeding shorts. Long positions totaled $214 million, while shorts amounted to $191 million. Bitcoin led with $92.96 million in long liquidations and $60.12 million in short liquidations. Ethereum recorded $31.87 million in long liquidations and $45.75 million in short liquidations. Over 95,000 traders were affected, with the largest single liquidation at $6.88 million on Hyperliquid-BTC-USD. Technical analysis for crypto indicates mixed sentiment as markets remain volatile.

ChainCatcher report, according to Coinglass data, over the past 24 hours, the total liquidations across the network amounted to $405 million, with long positions liquidated at $214 million and short positions at $191 million. Specifically, Bitcoin longs were liquidated for $92.96 million, Bitcoin shorts for $60.12 million, Ethereum longs for $31.87 million, and Ethereum shorts for $45.75 million. Additionally, over the past 24 hours, a total of 95,191 users worldwide were liquidated, with the largest single liquidation occurring on Hyperliquid - BTC-USD, valued at $6.88 million.

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