COINOTAG News reports, per Coinglass data, that the total crypto liquidations in the last 24 hours reached $362 million. The breakdown shows long liquidations of $80.79 million versus short liquidations of $282 million, underscoring downside pressure in the derivatives market and elevated risk for leveraged traders.
These figures provide a real-time snapshot of market dynamics for risk managers and traders, highlighting the importance of prudent margin management and disciplined position sizing in the crypto space. As liquidity events persist, participants should monitor price action, funding indicators, and order-book depth to navigate ongoing volatility across the crypto markets with a measured, evidence-based approach.
Source: https://en.coinotag.com/breakingnews/crypto-liquidations-hit-362m-in-24-hours-as-shorts-dominate-with-282m-coinglass-data
