The ETH liquidation data over the past 24 hours shows a total of $19.95M liquidated, with $12.51M from long positions and $7.44M from short positions. The last 12 hours saw a significant spike in liquidations, with $9.19M liquidated, predominantly from longs ($7.96M). In the past 4 hours, $389.43K was liquidated, mostly from longs ($333.86K), indicating a possible short-term downward movement. However, the recent 1-hour data shows $90.15K liquidated, mainly from longs ($78.84K), suggesting ongoing volatility.
Given these trends, the market appears highly volatile with a slight bearish sentiment in the short term. Like, share, and follow for more insights. Author: ShahXad.
