Crypto Long Liquidations Top $1 Billion Across a 12-Hour Window

Crypto markets recorded $1.231 billion in liquidations over a 12-hour period dated Oct. 30, with $1.069 billion tied to long positions, making up nearly 87% of the total. Short positions accounted for $162 million, or about 13% of the snapshot. The long-side amount exceeded short-side liquidations by $907 million and was about 6.6 times as large. Together, the two figures equal the $1.231 billion aggregate. That split places most of the liquidation value on the long side of crypto derivatives trading.

Source: TokenPost