Crypto Market Sees $167 Million in Liquidations Over Four Hours
Coinglass data indicates fresh liquidation pressure, with the latest hourly figures adding tens of millions to Bitcoin and Ethereum wipeouts.
BTC
ETH
Summary
Updated Coinglass data shows $80.26 million liquidated network-wide in the past hour, with $65.08 million in long positions. Bitcoin accounted for $48.34 million of these losses, while Ethereum saw $16.23 million liquidated. This new wave adds to the earlier $167 million in liquidations over four hours, highlighting ongoing volatility across major cryptocurrencies.
Terms & Concepts
- Liquidation: The forced closure of a trader's leveraged position when margin requirements are not met.