Network Liquidations Hit $463M in 24 Hours, With Long Positions Accounting for $109M

Gate News message, April 23 — Over the past 24 hours, the cryptocurrency market recorded $463 million in liquidations across all exchanges, according to Coinglass data. Long positions accounted for $109 million of liquidations, while short positions totaled $353 million.

Bitcoin saw $23.48 million in long liquidations and $190 million in short liquidations. Ethereum experienced $28.32 million in long liquidations and $94.55 million in short liquidations.

A total of 108,885 traders were liquidated during the period. The largest single liquidation occurred on a major CEX's BTCUSDT pair, worth $7.51 million.