The post Crypto market sees $132M in liquidations as long positions dominate losses appeared on BitcoinEthereumNews.com. Key Takeaways The crypto market experienced $132 million in liquidations, mostly affecting long positions. Bitcoin and Ethereum were central to the liquidation events, accounting for significant trading volume. More than $132 million in liquidations were triggered in the past hour as the broader crypto market moved sharply lower, with Bitcoin falling to the $85,000 level on Monday midday and setting off a wider sell-off across major assets. Bitcoin and Ethereum led the liquidation activity as the downturn forced traders to unwind leveraged positions at an accelerated pace. Most of the losses came from long positions, which accounted for $124 million of the total, while short liquidations totaled $8 million. At press time, Bitcoin is trading near $84,500, and Ethereum is near $2,720, as selling pressure continues to weigh on the market. Source: https://cryptobriefing.com/crypto-market-liquidations-bitcoin-ethereum-leverage/The post Crypto market sees $132M in liquidations as long positions dominate losses appeared on BitcoinEthereumNews.com. Key Takeaways The crypto market experienced $132 million in liquidations, mostly affecting long positions. Bitcoin and Ethereum were central to the liquidation events, accounting for significant trading volume. More than $132 million in liquidations were triggered in the past hour as the broader crypto market moved sharply lower, with Bitcoin falling to the $85,000 level on Monday midday and setting off a wider sell-off across major assets. Bitcoin and Ethereum led the liquidation activity as the downturn forced traders to unwind leveraged positions at an accelerated pace. Most of the losses came from long positions, which accounted for $124 million of the total, while short liquidations totaled $8 million. At press time, Bitcoin is trading near $84,500, and Ethereum is near $2,720, as selling pressure continues to weigh on the market. Source: https://cryptobriefing.com/crypto-market-liquidations-bitcoin-ethereum-leverage/

Crypto market sees $132M in liquidations as long positions dominate losses

Key Takeaways

  • The crypto market experienced $132 million in liquidations, mostly affecting long positions.
  • Bitcoin and Ethereum were central to the liquidation events, accounting for significant trading volume.

More than $132 million in liquidations were triggered in the past hour as the broader crypto market moved sharply lower, with Bitcoin falling to the $85,000 level on Monday midday and setting off a wider sell-off across major assets.

Bitcoin and Ethereum led the liquidation activity as the downturn forced traders to unwind leveraged positions at an accelerated pace. Most of the losses came from long positions, which accounted for $124 million of the total, while short liquidations totaled $8 million.

At press time, Bitcoin is trading near $84,500, and Ethereum is near $2,720, as selling pressure continues to weigh on the market.

Source: https://cryptobriefing.com/crypto-market-liquidations-bitcoin-ethereum-leverage/

Market Opportunity
Belong Logo
Belong Price(LONG)
$0.003521
$0.003521$0.003521
-3.53%
USD
Belong (LONG) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.