Crypto derivatives traders saw heavy liquidations over the past few hours, according to data cited by ChainCatcher on Aug. 24. Coinglass data showed that total liquidations across the market reached $185 million in the past four hours. Of that amount, $69.5361 million came from long positions, while $116 million came from short positions.
Over the past 24 hours, 85,345 traders were liquidated globally, with total liquidations reaching $378 million. The largest single liquidation order was recorded on Binance in the ETHUSDT trading pair, with a value of $6.8602 million. The figures reflect market-wide forced position closures tracked by Coinglass during the stated period.
Crypto market liquidations totaled $185 million over the past four hours, according to Coinglass data cited by ChainCatcher on Aug. 24.
Long positions accounted for $69.5361 million of the total, while short positions made up $116 million.
Over the past 24 hours, 85,345 traders were liquidated globally, with total liquidations reaching $378 million. The largest single liquidation order took place on Binance in ETHUSDT, valued at $6.8602 million.
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