According to ChainCatcher, data from Coinglass shows that over the past 24 hours, the entire market experienced $732 million in liquidations, including $307 million in long positions and $425 million in short positions. Specifically, Bitcoin longs were liquidated for $102 million, while Bitcoin shorts were liquidated for $99.6885 million; Ethereum longs were liquidated for $75.5562 million, and Ethereum shorts for $220 million. Additionally, over the past 24 hours, a total of 101,596 users worldwide were liquidated, with the largest single liquidation occurring on Hyperliquid - ETH-USD at $20.2824 million.
Global liquidations reach $732M in 24 hours, short positions hit $425M
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Summary
Value investing in crypto remains a key strategy as global liquidations reached $732 million in 24 hours, with short positions totaling $425 million. Long positions were liquidated for $307 million, including $102 million in Bitcoin and $75.56 million in Ethereum. Short positions in ETH reached $220 million. Over 101,596 traders were affected, with the largest liquidation amounting to $20.28 million on Hyperliquid. Technical analysis for crypto suggests heightened volatility as traders adjust their positions.
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