#BTC #ETH
Bitcoin and Ethereum Extend Sell-Off as Crypto Long Liquidations Reach $418M
Cryptocurrency markets recorded nearly 418 million in long liquidations as btc fell 4.26% and Eth dropped 5.53% over 24 hours.
Total liquidations reached 458.05 million, with bullish positions accounting for 91.2% of losses and Binance representing 43.5% of the total
U.S. spot Btc ETFs attracted 528.40 million in net inflows on October 21, signaling continued institutional demand despite falling cryptocurrency prices.
Btc and Eth extended their declines on October 22 as crypto long liquidations approached 418 million, putting leveraged traders under significant pressure. CoinGlass data showed that total liquidations reached 458.05 million over 24 hours, with bullish positions accounting for the overwhelming majority of forced closures
Btc traded at 81,018.49, down 4.26%, while Ethereum fell 5.53% to 2,374.45, according to CoinMarketCap. Meanwhile, the total cryptocurrency market capitalization declined 2.26% to 2.71 trillion, reflecting broad selling pressure across digital assets
Crypto Long Liquidations Hit Btc And Eth Traders
The liquidation data revealed the scale of losses among traders betting on a market rebound. Long positions accounted for 417.93 million in forced closures, compared with $40.11 million in short liquidations. More than 103,000 traders faced liquidations during the period, while Binance represented 43.5% of the total
Losses accumulated rapidly throughout the day. Long liquidations reached 153.58 million over four hours and climbed to 278.37 million over 12 hours, showing how quickly leveraged bullish positions came under pressure as prices declined
Btc-related liquidations totaled 140.62 million, with long positions representing 96.6% of that amount. Eth followed with 93.12 million in liquidations, of which 91.6% involved bullish positions. The largest individual liquidation was an 11.78 million BTCUSDT long position on Binance, executed around 83,526.24, according to CoinGlass.#Write2Earn #EarningsSeason $BTC $ETH
Bitcoin and Ethereum Extend Sell-Off as Crypto Long Liquidations Reach $418M
Cryptocurrency markets recorded nearly 418 million in long liquidations as btc fell 4.26% and Eth dropped 5.53% over 24 hours.
Total liquidations reached 458.05 million, with bullish positions accounting for 91.2% of losses and Binance representing 43.5% of the total
U.S. spot Btc ETFs attracted 528.40 million in net inflows on October 21, signaling continued institutional demand despite falling cryptocurrency prices.
Btc and Eth extended their declines on October 22 as crypto long liquidations approached 418 million, putting leveraged traders under significant pressure. CoinGlass data showed that total liquidations reached 458.05 million over 24 hours, with bullish positions accounting for the overwhelming majority of forced closures
Btc traded at 81,018.49, down 4.26%, while Ethereum fell 5.53% to 2,374.45, according to CoinMarketCap. Meanwhile, the total cryptocurrency market capitalization declined 2.26% to 2.71 trillion, reflecting broad selling pressure across digital assets
Crypto Long Liquidations Hit Btc And Eth Traders
The liquidation data revealed the scale of losses among traders betting on a market rebound. Long positions accounted for 417.93 million in forced closures, compared with $40.11 million in short liquidations. More than 103,000 traders faced liquidations during the period, while Binance represented 43.5% of the total
Losses accumulated rapidly throughout the day. Long liquidations reached 153.58 million over four hours and climbed to 278.37 million over 12 hours, showing how quickly leveraged bullish positions came under pressure as prices declined
Btc-related liquidations totaled 140.62 million, with long positions representing 96.6% of that amount. Eth followed with 93.12 million in liquidations, of which 91.6% involved bullish positions. The largest individual liquidation was an 11.78 million BTCUSDT long position on Binance, executed around 83,526.24, according to CoinGlass.#Write2Earn #EarningsSeason $BTC $ETH