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 Billion as Longs Take the Majority of Losses appeared first on BeInCrypto.
Key Takeaways
- 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.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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