According to BlockBeats, citing Coinglass, the crypto market saw $166 million in total liquidations over the past four hours, with long positions accounting for $151 million and short positions for $15.147 million. Over the past 24 hours, 83,109 traders were liquidated, totaling $309 million. The largest single liquidation order was on Binance's ETHUSDT pair, valued at $11.99 million. The data highlights the scale of forced closures, particularly affecting long traders.
BlockBeats, citing Coinglass data, said the crypto market saw $166 million in total liquidations in the past four hours. Most of that came from longs. Hard hit. Long positions made up $151 million in forced closures, while short liquidations totaled $15.147 million.
Zoom out to the last 24 hours and the numbers look even harsher: 83,109 traders were liquidated, with total losses reaching $309 million. The biggest single liquidation order hit Binance's ETHUSDT pair at about $11.99 million. And the data points the same way throughout: long positions took the brunt of the liquidations.
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