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Crypto Market Records $133 Million in 24-Hour Liquidations

According to Coinglass, long positions made up $77.83 million of the total, while short positions accounted for $54.89 million on April 4.

Summary

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Terms & Concepts
  • Liquidation: A forced closure of a leveraged trading position when losses exceed the trader’s available margin.
  • Long position: A trade that bets an asset’s price will rise, often using leverage in crypto derivatives markets.
  • Short position: A trade that bets an asset’s price will fall, typically through borrowing or derivatives exposure.