Global Liquidations Hit $1.662B in 24 Hours, Long Positions Account for $1.419B

HYPE-8.65%
BTC-6.03%
According to Coinglass data cited by ChainCatcher, global cryptocurrency liquidations reached $1.662 billion in the past 24 hours, with long positions accounting for $1.419 billion and short positions $244 million. A total of 277,816 traders were liquidated during the period, with the largest single liquidation of $16.1984 million occurring on Hyperliquid's BTC-USD pair.
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GateUser-1379e90dvip
· 3h ago
$BTC Under the circumstances of super computing power combined with ultra-intelligent AI automation, spot holders are all cashing out and exiting. Hoarding and holding spot assets is an unwise mindset. Currently, everyone is betting on AI to create contracts based on data. Undoubtedly, prices will continue to decline!
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