Global liquidations reach $526M in 24 hours, longs outpace shorts

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Value investing in crypto remains a key focus as global liquidations reached $526 million in 24 hours, with longs exceeding shorts. Long positions totaled $316 million, while shorts amounted to $210 million. Bitcoin experienced $122 million in long liquidations and $103 million in short liquidations. Ethereum recorded $90.62 million in long liquidations and $47.88 million in short liquidations. Over 144,000 traders were affected, with the largest single liquidation at $11.17 million on Aster - BTCUSDT. Traders are closely monitoring support and resistance levels amid the volatility.

ChainCatcher report, according to Coinglass data, $526 million in total liquidations occurred across the network in the past 24 hours, including $316 million in long liquidations and $210 million in short liquidations. Among these, Bitcoin longs were liquidated for $122 million, Bitcoin shorts for $103 million, Ethereum longs for $90.62 million, and Ethereum shorts for $47.88 million. Additionally, over the past 24 hours, 144,115 users worldwide were liquidated, with the largest single liquidation occurring on Aster - BTCUSDT at $11.17 million.

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