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Global Liquidations Reach $586M in 24 Hours, Longs Dominate with $525M

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Value investing in the crypto market remains a key focus as global liquidations hit $586 million within 24 hours, with long positions accounting for the majority at $525 million. Bitcoin longs experienced $175 million in liquidations, while shorts totaled $8.75 million. Ethereum longs reached $229 million in liquidations, with shorts at $15.95 million. Over 142,840 traders were affected, including a $6.81 million ETH-USD liquidation on Hyperliquid. Technical analysis (TA) for crypto suggests continued volatility as long positions face pressure.

According to ChainCatcher, data from Coinglass shows that the total liquidation value across the entire network in the past 24 hours was $586 million, with long positions liquidated amounting to $525 million and short positions liquidated totaling $60.79 million. Among these, long Bitcoin positions were liquidated for $175 million, while short Bitcoin positions were liquidated for $8.75 million. Long Ethereum positions were liquidated for $229 million, and short Ethereum positions were liquidated for $15.95 million. Additionally, in the past 24 hours, a total of 142,840 traders were liquidated globally, with the largest single liquidation occurring on Hyperliquid - ETH-USD, valued at $6.81 million.

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