Global Liquidations Reach $77.77M in 24 Hours, Longs and Shorts Split Nearly Even

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Global cryptocurrency liquidations reached $77.77 million in 24 hours, with support and resistance levels triggering mixed price movements. Long positions and short positions were almost evenly split, at $31.79 million and $45.99 million, respectively. Bitcoin longs and shorts incurred losses of $1.84 million and $3.27 million, while Ethereum longs and shorts were liquidated for $1.03 million and $6.89 million. A total of 73,296 traders were affected, with the largest single liquidation occurring on Hyperliquid at $13.06 million in the AMZN-USD market. Value investing in crypto remains a key strategy amid volatile price swings.

According to ChainCatcher, data from Coinglass shows that the total liquidation value across the entire network in the past 24 hours amounted to $77.7737 million, with long positions liquidated totaling $31.7878 million and short positions liquidated totaling $45.9859 million. Specifically, Bitcoin long positions were liquidated for $1.836 million, and Bitcoin short positions for $3.2727 million. Ethereum long positions were liquidated for $1.0268 million, and Ethereum short positions for $6.8945 million. Additionally, in the past 24 hours, a total of 73,296 traders were liquidated globally. The largest single liquidation occurred on Hyperliquid - xyz:AMZN-USD, with a value of $1.3055 million.

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