Coinglass data reveals ongoing volatility with $74.15 million liquidated in just one hour, predominantly impacting long positions.
Coinglass reported that $1.061 billion in crypto positions were liquidated within the past 24 hours, affecting 180,139 traders. Long positions accounted for $998 million of the daily losses, while shorts made up $62.97 million. In the most recent hour alone, $74.15 million was liquidated, including $70.53 million in long positions. The largest single liquidation occurred on Bitget’s BTCUSDT_UMCBL pair, valued at $13.52 million.