According to the latest statistics from Coinglass, the crypto market experienced a significant liquidation wave in the past day. Data shows that the total liquidation amount reached $182 million, with long investors suffering the heaviest losses, totaling $121 million, while short liquidations amounted to $60.35 million.
In this market movement, bullish traders were clearly at a disadvantage. The liquidation amount for longs was almost twice that of shorts, indicating that during this adjustment, leveraged traders holding bullish positions triggered stop-losses at a higher rate, and market volatility had a more direct impact on long positions.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
A surge of liquidations in the past 24 hours, with long positions becoming the "hardest hit" area
According to the latest statistics from Coinglass, the crypto market experienced a significant liquidation wave in the past day. Data shows that the total liquidation amount reached $182 million, with long investors suffering the heaviest losses, totaling $121 million, while short liquidations amounted to $60.35 million.
In this market movement, bullish traders were clearly at a disadvantage. The liquidation amount for longs was almost twice that of shorts, indicating that during this adjustment, leveraged traders holding bullish positions triggered stop-losses at a higher rate, and market volatility had a more direct impact on long positions.