Cryptocurrency Liquidity Statistics in the Last 4 Hours
Overview of Large Liquidations in the Network
According to data from Coinglass, in the last 4 hours, the total amount of cryptocurrency liquidated reached 218 million USD. This figure clearly reflects the market's instability in the short term, as traders had to aggressively close positions to avoid losses. Investors mainly focused on long positions, with a total liquidated amount of up to 197 million USD, indicating a strong trend of profit-taking or cutting losses.
Analysis of Liquidation Types
Among them, short positions, or short selling, accounted for the majority – 20.9613 million USD, reflecting the cautious or speculative attitude of investors in the face of unexpected market fluctuations. In contrast, long positions, or long-term buying, were liquidated more, indicating that traders expecting price increases were forced to retreat as the market declined sharply. Overall, this data provides a warning about the negative situation and the potential for significant volatility in the near future.
Source: https://tintucbitcoin.com/ca-mang-liquidate-200-trieu-usd-trong-4-gio/
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