Crypto Liquidations Hit $758M in 4 Hours, Longs Crushed –
Crypto markets saw a sharp wave of liquidations as prices moved quickly against traders. Data from CoinGlass shows that about $758 million in positions were wiped out in just four hours.
Crypto long positions took the hardest hit. Around $730 million of the liquidations came from traders betting on higher prices. Short positions accounted for about $27.6 million during the same period.
In the past 24 hours, liquidations climbed further. CoinGlass data shows 241,172 traders were liquidated worldwide, with total losses reaching about $864 million.
CoinGlass data shows that in the past 4 hours, total liquidations across the network reached approximately $758 million, with long positions liquidated at $730 million…
