According to CoinGlass data, the total liquidation amount in the cryptocurrency market over the past 24 hours was $222 million. Long positions accounted for $160 million in liquidations, while short positions totaled $61.4383 million, with longs making up 72.3% of the total. A total of 71,183 traders were liquidated.
By cryptocurrency, BTC liquidations amounted to approximately $43.52 million ($36.39 million longs, $7.14 million shorts). ETH liquidations amounted to approximately $36.32 million ($27.55 million longs, $8.78 million shorts). SOL liquidations amounted to approximately $9.19 million ($7.58 million longs, $1.61 million shorts). ZEC liquidations amounted to approximately $8.80 million ($6.76 million longs, $2.04 million shorts). CL liquidations amounted to approximately $7.65 million ($11.70 thousand longs, $7.64 million shorts). SOXL liquidations amounted to approximately $6.32 million ($6.21 million longs, $112.40 thousand shorts). XRP liquidations amounted to approximately $4.77 million ($4.53 million longs, $239.40 thousand shorts). NEAR liquidations amounted to approximately $4.23 million ($3.07 million longs, $1.16 million shorts).
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Over $222 million in crypto liquidations in 24 hours, long positions dominate
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Summary
Value investing in crypto remains a key focus as the market saw over $222 million in liquidations over the past 24 hours, according to CoinGlass. Long positions dominated, accounting for $160 million, or 72.3%, while short positions were liquidated for $61.44 million. A total of 71,183 traders were affected. BTC led with $43.52 million, followed by ETH at $36.32 million. Technical analysis for crypto suggests that longs are currently in control. Other major liquidations included SOL, ZEC, and XRP.
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