According to ChainCatcher, data from Coinglass shows that $49.02 million in total positions were liquidated over the past 24 hours, including $21.24 million in long positions and $27.78 million in short positions. Specifically, Bitcoin longs saw $932,600 in liquidations, while Bitcoin shorts totaled $5.94 million; Ethereum longs amounted to $1.98 million in liquidations, and Ethereum shorts reached $2.51 million.
Global liquidations reach $49.02M in 24 hours, with longs and shorts nearly evenly split.
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Summary
Global crypto liquidations reached $49.02M in 24 hours, with longs and shorts nearly evenly split. Long positions incurred $21.24M in losses, while shorts faced $27.78M in liquidations. Bitcoin longs were liquidated for $932,600, compared to $5.94M for shorts. Ethereum longs and shorts lost $1.98M and $2.51M, respectively. Traders are closely monitoring key support and resistance levels amid mixed market sentiment. Value investing in crypto remains a priority as volatility continues.
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