Odaily Planet News: According to Coinglass data, the entire network experienced $20.28 million in liquidations in the past hour, with $7.7 million in long positions liquidated and $19.5 million in short positions liquidated. Additionally, BTC liquidations amounted to $12.78 million, and ETH liquidations reached $2.31 million.
Over $20M in Liquidations Across Crypto Markets in One Hour
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Summary
Value investing in crypto is facing a volatile test, as over $20.28 million in liquidations hit the market within one hour, according to Coinglass data. Short positions accounted for $19.5 million, while long positions saw $770,000 wiped out. Bitcoin led with $12.78 million in liquidations, followed by Ethereum at $2.31 million. Traders following a long-term crypto strategy are closely watching the market's next move.
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