Crypto market liquidations totaled $220 million over the past hour, according to data from Coinglass. Long positions made up the vast majority of that figure at $209 million, while short liquidations stood at $10.52 million. By asset, Bitcoin (BTC) liquidations reached $97.37 million and Ether (ETH) liquidations came to $62.13 million. The figures point to a sharp imbalance in liquidation activity during the one-hour window, with long positions bearing most of the losses across the market.
Crypto liquidations across the market reached $220 million in the past hour, according to Coinglass data.
Of that total, long liquidations came in at $209 million, while short liquidations were $10.52 million. By asset, Bitcoin (BTC) accounted for $97.37 million in liquidations and Ether (ETH) accounted for $62.13 million.
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