KuCoin is a trusted crypto exchange to buy, sell, and trade Bitcoin, Ethereum, and 1000+ altcoins—powering secure access to the Web3 economy.

Crypto Exchange | Bitcoin Exchange | Bitcoin Trading | KuCoin

Value investing in crypto is under pressure as global liquidations hit $305 million in one hour, according to Coinglass. Long positions accounted for $287 million, while short positions totaled $17.52 million. Bitcoin liquidations alone reached $89.01 million, with Ethereum at $43.8 million. Traders using technical analysis for crypto may need to reassess their exposure amid sharp market movements.

<p>Odaily Planet Daily report: According to Coinglass data, the total liquidations across the network have increased to $305 million in the past hour, with $287 million in long positions liquidated and $17.52 million in short positions liquidated. Additionally, Bitcoin liquidations reached $89.01 million, and Ethereum liquidations reached $43.8 million.</p>

Odaily Planet Daily report: According to Coinglass data, the total liquidations across the network have increased to $305 million in the past hour, with $287 million in long positions liquidated and $17.52 million in short positions liquidated. Additionally, Bitcoin liquidations reached $89.01 million, and Ethereum liquidations reached $43.8 million.

Global crypto liquidations reach $305M in one hour, with BTC liquidations exceeding $89M

Comment