Global crypto liquidations reached $106 million over the past four hours, according to Coinglass. Short positions accounted for $79.3775 million of the total, while long positions made up $26.46 million. By asset, Ethereum recorded $34.8523 million in liquidations and Bitcoin saw $13.2865 million. The figures point to a sharp wave of forced position closures in a relatively short time window, with short-side liquidations far exceeding those on the long side during the period covered by the data provider.
Global crypto liquidations totaled $106 million in the past four hours, according to Coinglass.
Of that amount, short liquidations came to $79.3775 million, while long liquidations reached $26.46 million.
By asset, Ethereum (ETH) posted $34.8523 million in liquidations, and Bitcoin (BTC) recorded $13.2865 million.
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