Crypto Market Sees $50.25 Million Liquidated in One Hour
According to Coinglass, $625M in crypto long positions and $29M in shorts were liquidated within hours, underscoring intense market volatility.
Summary
Coinglass reported $654 million in cryptocurrency liquidations over the past four hours, with the vast majority—$625 million—coming from long positions and $29.02 million from shorts. The data highlights sudden and severe market swings impacting leveraged traders.
Terms & Concepts
- Liquidation: The forced closure of a trader’s position due to insufficient margin to cover losses.