Crypto Liquidations Near $1 Billion as Longs Take the Majority of Losses
Crypto traders saw $942.1 million in leveraged positions liquidated over the past 24 hours, according to Coinglass data. Long positions accounted for $863.3 million, or 91.6% of the total. The wipeout arrived as the broader market fell. Total crypto market capitalization dropped 4.96% in 24 hours to $2.76 trillion, per BeInCrypto Markets data. Ethereum Longs The post Crypto Liquidations Near $1…
Crypto traders saw $942.1 million in leveraged positions liquidated over the past 24 hours, with long positions accounting for $863.3 million, or 91.6% of the total. The wipeout came as the broader market fell, with total crypto market capitalization dropping 4.96% to $2.76 trillion. The heavy long-side liquidations signal a sharp downside move that forced leveraged bulls out, a setup traders watch for potential capitulation or further volatility.
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2H AGOCrypto Briefing · Score 65 · via liquidated, long positions
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2H AGOYou’re reading thisCrypto Liquidations Near $1 Billion as Longs Take the Majority of LossesBeInCrypto · Score 65
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13H AGOCrypto Briefing · Score 55 · via long positions, positions liquidated
