ChainCatcher report, according to Coinglass data, over the past 24 hours, the entire market saw $647 million in liquidations, with $305 million in long positions liquidated and $342 million in short positions liquidated. Among these, Bitcoin longs accounted for $130 million in liquidations, while Bitcoin shorts totaled $168 million. Ethereum longs were liquidated for $76.1021 million, and Ethereum shorts for $86.1663 million. Additionally, over the past 24 hours, a total of 158,564 users worldwide were liquidated, with the largest single liquidation occurring on Aster - BTCUSDT at $11.1713 million.
Global liquidations reach $647M in 24 hours, longs and shorts nearly even
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Summary
Global liquidations reached $647M in 24 hours, with support and resistance levels tested as long and short positions neared balance. Longs were liquidated for $305M, shorts for $342M. Bitcoin longs and shorts incurred losses of $130M and $168M, respectively, while Ethereum longs and shorts were liquidated for $76.1M and $86.16M. A total of 158,564 traders were affected, with the largest single liquidation occurring on Aster - BTCUSDT at $11.17M. Value investing in crypto remains a key strategy amid volatile price movements.
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