Coinglass data carried by BlockBeats on August 12 shows total crypto liquidations reached $197 million over the past 24 hours. Longs were hit hardest: $140 million in long positions were liquidated versus $57.56 million in shorts. Long liquidations therefore accounted for roughly 71% of the total, making longs the dominant side.
BlockBeats reported on August 12 that Coinglass data showed $197 million in total crypto liquidations over the past 24 hours.
Longs took the brunt: $140 million in long positions were liquidated against $57.56 million in shorts. That puts long liquidations at roughly 71% of the total.
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