Crypto derivatives markets saw $320 million in liquidations over the past hour, according to Coinglass. Long positions accounted for $303 million of the total, while short liquidations came to $17.14 million. By asset, Ether (ETH) recorded $104 million in liquidations, and Bitcoin (BTC) saw $34.95 million. The figures point to a sharp one-hour move that heavily hit leveraged long positions across the market.
Crypto liquidations across the market reached $320 million in the past hour, according to Coinglass.
Of that total, long positions made up $303 million, while short liquidations were $17.14 million. By asset, Ether (ETH) posted $104 million in liquidations, and Bitcoin (BTC) recorded $34.95 million.
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