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Add as a preferred source on GoogleCrypto Liquidations Reach $970 Million in 24 Hours, Led by Longs
Long positions accounted for $774 million of the total, while short-position liquidations reached $195 million.
Crypto markets saw $970 million in liquidations over a 24-hour period, with traders betting on higher prices bearing most of the losses.
Long-position liquidations totaled $774 million, while short positions accounted for $195 million.
The move affected 163,596 traders. The sharp imbalance between long and short liquidations indicates that losses were concentrated among traders positioned for prices to rise.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.