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Long Positions Make Up $128 Million of $196 Million in Crypto Liquidations

Long Positions Make Up $128 Million of $196 Million in Crypto Liquidations

Photo: TokenPost

Long positions accounted for most forced closures in a 24-hour crypto futures tally published Oct. 26, representing about 65% of the roughly $196 million liquidated across the market. Long positions made up $128 million, while short positions accounted for $67.57 million. Together, they totaled about $195.57 million, which rounds to $196 million. Bitcoin (BTC) liquidations were $53.17 million and Ether (ETH) liquidations were $48.36 million, or about $101.53 million combined. The largest single liquidation order was $6.97 million on Binance’s ETHUSDT pair. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost

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