Odaily Planet Daily reports, according to Coinglass data, $75.86 million in total liquidations occurred across the network in the past hour, with $73.7 million from short positions and $2.15 million from long positions. Additionally, BTC liquidations reached $58.4 million, and ETH liquidations amounted to $8.91 million.
Over $75 million in crypto liquidations in the past hour, with short positions hit hardest.
KuCoinFlashShare
Summary
Value investing in crypto faces a volatile period as over $75.86 million in liquidations hit the market. Short positions accounted for $73.7 million, with Bitcoin leading at $58.4 million. Ethereum followed with $89.1 million in liquidations. Traders using technical analysis for crypto are closely monitoring price movements.
Source:Show original
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.