Crypto markets saw $225 million in liquidations over the past hour, according to Coinglass. Long positions accounted for $206 million of the total, far exceeding the $19.02 million wiped out from short positions. By asset, Ether posted $77.97 million in liquidations, while Bitcoin saw $75.13 million. The figures point to a liquidation wave concentrated in bullish bets during the one-hour period covered by the data. Odaily reported the numbers, citing Coinglass.
Crypto liquidations reached $225 million over the past hour, according to Coinglass, as cited by Odaily.
Of the total, long positions made up $206 million, while short liquidations came to $19.02 million.
By asset, Ether recorded $77.97 million in liquidations and Bitcoin posted $75.13 million.
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