Crypto Longs Account for $104 Million of $188 Million in Liquidations

Crypto markets recorded $188 million in liquidations over a 24-hour period, with long positions accounting for the larger share even though Ether (ETH) saw more short liquidations. Bitcoin (BTC) followed the marketwide pattern, with $30.87 million in long liquidations and $18.60 million in short liquidations. Ether showed the opposite split: Its short liquidations totaled $26.54 million, compared with $22.86 million in long liquidations. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost