Crypto liquidations across the market totaled $138 million over the past 24 hours, according to Coinglass. Of that amount, long positions accounted for $25.1648 million, while short positions made up $113 million.
Bitcoin liquidations included $3.2453 million in longs and $57.0736 million in shorts. Ether liquidations came to $2.5137 million on the long side and $24.0363 million on the short side.
Coinglass also showed that 42,225 traders were liquidated during the same 24-hour period. The largest single liquidation order was recorded on Binance in the ETHUSDT pair, with a value of $5.6326 million.
The figures point to heavier short-side liquidations than long-side liquidations during the period covered by the data.
Crypto liquidations across the market reached $138 million in the past 24 hours, according to Coinglass. Long positions accounted for $25.1648 million, while short positions totaled $113 million.
By asset, Bitcoin saw $3.2453 million in long liquidations and $57.0736 million in short liquidations. Ether posted $2.5137 million in long liquidations and $24.0363 million in short liquidations.
Over the same 24-hour period, 42,225 traders were liquidated globally. The largest single liquidation order took place on Binance in ETHUSDT, valued at $5.6326 million.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.