ChainCatcher report, according to Coinglass data, over the past 24 hours, the entire market saw $737 million in liquidations, with $428 million from long positions and $309 million from short positions. Among these, Bitcoin longs were liquidated for $150 million, Bitcoin shorts for $140 million, Ethereum longs for $122 million, and Ethereum shorts for $79.976 million. Additionally, over the past 24 hours, a total of 111,276 users worldwide were liquidated, with the largest single liquidation occurring on Bitfinex - tBTCF0:USTF0 at a value of $11.4303 million.
Global liquidations reach $737M in 24 hours, longs outpace shorts
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Summary
Value investing in crypto remains a key focus as global liquidations reached $737 million in 24 hours, with longs outpacing shorts. Long positions totaled $428 million, including $150 million in BTC and $122 million in ETH. A total of 111,276 traders were liquidated, with the largest single liquidation event at $114.3 million on Bitfinex. Traders are closely monitoring support and resistance levels amid heightened volatility.
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