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Crypto Liquidations Reach $486 Million With Longs Taking Most Losses
Long-position liquidations totaled $392 million, while Bitcoin and Ether contracts recorded $107 million and $74.2889 million, respectively.
Mentioned assets
Crypto liquidations totaled $486 million over a 24-hour period, with long positions accounting for most of the losses.
Long-position liquidations reached $392 million, while short-position liquidations totaled $93.7634 million. Bitcoin (BTC) contracts recorded $107 million in liquidations, and Ether (ETH) contracts totaled $74.2889 million.
The largest single liquidation occurred on Binance’s ETHUSDT market and was valued at $11.8216 million.
