Bitcoin and Ethereum Experience Declines Amid Low Market Liquidations

Recent data indicates $368 million in liquidations within 24 hours, primarily from short positions, highlighting continued market instability.

BTC
ETH

Summary

The cryptocurrency market saw $368 million in liquidations in the last 24 hours, with $80.67 million from long positions and $288 million from short positions. Bitcoin liquidations totaled $63.11 million, while Ethereum experienced $126 million in liquidations, reflecting ongoing volatility in the market.

Terms & Concepts
  • Liquidations: The forced closure of a trader's position due to insufficient margin, often triggered by significant price movements.
  • Long Position: A trading position that profits when the price of the asset rises.
  • Short Position: A trading position that profits when the price of the asset falls.