$218M in long positions liquidated from crypto market in 4 hours
Summary
In the past four hours, approximately $218 million in long positions were liquidated from the crypto market, highlighting a significant wave of selling pressure. This event is indicative of the recent trend where liquidations have been primarily concentrated in long positions during broader market sell-offs, suggesting widespread deleveraging as falling prices force leveraged bullish positions to close.
Analysis
Data scope: Liquidation estimates can vary substantially by provider and coverage, since exchange-based tallies may track only selected venues rather than the entire market. Recent trend: Recent reports indicate that crypto-market liquidations have been heavily concentrated in long positions during broad sell-offs, signaling widespread deleveraging. Market structure: Long liquidations occur when falling prices force leveraged bullish positions to close, creating additional selling pressure in derivatives markets.
Categories
crypto
Related sources
- https://www.tokenpost.com/news/investing/31828
- https://www.tokenpost.com/news/investing/31923
- https://www.tokenpost.com/news/investing/31829
- https://www.tokenpost.com/news/investing/30773
- https://www.tokenpost.com/
- https://swolecharts.com/liquidations/4h
- https://coincentral.com/crypto-liquidation-statistics/
- https://businessday.ng/technology/cryptocurrency/article/crypto-slides-into-panic-as-bitcoin-breaks-86000-liquidations-hit-583m/
- https://www.tokenpost.com/news/investing/27229
- https://www.tokenpost.com/news/investing/25895