In the past hour, the cryptocurrency market experienced liquidations totaling $53.7 million, with short positions bearing the brunt at $46.8 million, according to ChainCatcher. Long positions accounted for $6.9 million of the liquidations. Over the last 24 hours, 106,190 traders were liquidated, amounting to $199 million in total liquidations. The largest single liquidation was on Hyperliquid's BTC-USD pair, valued at $11.9 million.
$53.7M in Crypto Liquidations in One Hour, Short Positions Hit Hardest
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.