In the past 24 hours, a large-scale position liquidation occurred in the cryptocurrency market.. According to the current collected data, long positions overwhelmingly dominate the liquidated positions.
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Over the past 4 hours, Bybit experienced the most position liquidations, with a total of $117.2 million (39.64%) liquidated. Among these, long positions accounted for $114.26 million, or 97.. <
By coin, Ethereum (ETH) recorded the highest liquidation. Approximately $194.87 million in Ethereum positions ETwas liquidated over 24 hours, a maximum of $158.14 million liquidated over 4 hours. Ethereum is currently priced at $2,392.46, down 3.84% over 24 hours.
Bitcoin (BTC) had approximately $87.56 million in positions liquidated over 24 hours, with a maximum of $39.08 million liquidated over 4 hours. Bitcoin is currently priced at $104,050.4, up 0.over 24 hours.>notable altcOge (DOGE), which $14.60 million in liquidations while rising 2.82% over 24 hours. Over 4 hours, approximately $74. million was liquidated.
For the the Trump (, TRUMP) Token, approximately 1..75 million long positions were liquidover was liquidated over 4 hours, with approximately $2.43 million liquidated over 24 hours. Its current price is $12.85, slightly up 0.06% over 24 hours.
,eme tokens like 1000PEI and PEPE also significant experienced significant liquidations, with mass liquidations occurring despite price increases of 5.P. 5.66%%%. particularly, 000PEI sawW saw approximately $3.16 million in long position over 4 hours.
This large large-scale liquidation reflects the high volatility ofility the cryptocurrency market, suggesting that the excessive optimism of market participants is being adjusted, especially with liquidations concentrated on long long positions.. Investors need to be cautious about about using high leverage.
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