ChainCatcher report, according to Coinglass data, over the past 24 hours, the entire market saw $450 million in liquidations, with $171 million in long positions liquidated and $280 million in short positions liquidated. Among these, Bitcoin longs totaled $26.96 million in liquidations, while Bitcoin shorts reached $125 million; Ethereum longs amounted to $20.085 million in liquidations, and Ethereum shorts reached $67.5936 million. Additionally, over the past 24 hours, a total of 117,590 users worldwide were liquidated, with the largest single liquidation occurring on Hyperliquid - XYZ:CL-USD at $9.8523 million.
Global liquidations reach $450M in 24 hours, longs outpace shorts
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Summary
Technical analysis for crypto indicates a recent shift in market sentiment, as global liquidations reached $450 million within 24 hours, with longs exceeding shorts. Long positions were liquidated for $171 million, while shorts totaled $280 million. Bitcoin longs saw $26.96 million in liquidations, compared to $125 million for shorts. Ethereum longs and shorts were liquidated for $20.08 million and $67.59 million, respectively. Over 117,590 traders were affected, with the largest single liquidation at $9.85 million on Hyperliquid—XYZ:CL-USD. Value investing in crypto remains a key strategy amid volatile conditions.
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