Over $61 million in liquidations across crypto markets in the past hour

iconKuCoinFlash
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
AI summary iconSummary

expand icon
Value investing in crypto remains a key focus as over $61.7 million in liquidations hit the market in the past hour, according to Coinglass data. Long positions accounted for $59.8 million, while short positions saw $1.95 million liquidated. Bitcoin led with $43.4 million in liquidations, followed by Ethereum at $15.85 million. Traders using technical analysis for crypto are closely monitoring price movements amid the volatility.

Odaily Planet Daily reports, according to Coinglass data, the total liquidations across the network in the past hour amounted to $61.71 million, with long positions liquidated at $59.76 million and short positions liquidated at $1.95 million.

Among these, BTC liquidated $43.39 million and ETH liquidated $15.85 million.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.