The cryptocurrency market experienced significant volatility, resulting in $210 million in liquidations over the past 24 hours, according to ChainCatcher. Long positions accounted for $129 million, while short positions made up $81.18 million of the total liquidations. Bitcoin led the market with $54.32 million in long liquidations and $31.49 million in short liquidations. Ethereum followed with $36.59 million in long and $21.47 million in short liquidations.
A total of 81,545 traders were liquidated, with the largest single liquidation reaching $44.34 million on the Hyperliquid-BTC-USD pair. As the market remains volatile, traders are paying close attention to key support and resistance levels to navigate the ongoing fluctuations.
Crypto Market Sees $210M in Liquidations as Bitcoin and Ethereum Lead
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.
