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Short Liquidations Reach $250 Million in 24-Hour Crypto Tally

Bitcoin and Ether also recorded higher short than long liquidations: $70.48 million versus $9.06 million for Bitcoin, and $82.93 million versus $27.10 million for Ether.

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Two unmarked metal tokens rest on a tilted balance / TokenPost.ai
Two unmarked metal tokens rest on a tilted balance / TokenPost.ai

Short liquidations reached $250 million across crypto markets over the past 24 hours, more than three times the $77.79 million recorded for long positions in the same tally.

Bitcoin (BTC) recorded $70.48 million in short liquidations and $9.06 million in long liquidations. Ether (ETH) had $82.93 million in short liquidations and $27.10 million in long liquidations. Short liquidations were higher than long liquidations for both assets.

These figures describe liquidation amounts by position side rather than a separate dollar calculation of traders’ losses.

A previous $275 million marketwide tally put short liquidations at $138 million and long liquidations at $137 million.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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