According to ChainCatcher, data from Coinglass shows that $814 million in total positions were liquidated over the past 24 hours, including $686 million in long positions and $128 million in short positions. Of this, $142 million in Bitcoin long positions and $50.35 million in Bitcoin short positions were liquidated, while $143 million in Ethereum long positions and $35.31 million in Ethereum short positions were liquidated.
Global liquidations reach $814M in 24 hours, with longs accounting for $686M.
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Summary
Value investing in crypto remains a key focus as global liquidations reached $814 million in the past 24 hours, with long positions dominating at $686 million. The long-term crypto strategy is demonstrating strength, particularly in Bitcoin and Ethereum. Bitcoin long liquidations totaled $142 million, compared to $50.35 million in shorts. Ethereum longs amounted to $143 million, with shorts at $35.31 million.
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