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Crypto Liquidations Near $579 Million, With Long Positions at About $440 Million

Bitcoin and Ether accounted for about $242 million combined. At 10:23 a.m. ET (15:23 UTC), both were lower over 24 hours.

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Unmarked metal tokens slide toward a steep steel balance pan / TokenPost.ai
Unmarked metal tokens slide toward a steep steel balance pan / TokenPost.ai

Crypto liquidations reached about $579 million across the market over a 24-hour period on Thursday, with long positions making up about $440 million as Bitcoin and Ether fell.

Short positions accounted for about $140 million. The total and position figures are approximate.

Bitcoin (BTC) liquidations totaled about $171 million, while Ether (ETH) liquidations reached about $70.61 million, or roughly $242 million combined.

At 10:23 a.m. ET (15:23 UTC), Bitcoin traded at $77,154, down 4.26% over 24 hours. Ether was $2,295.15, down 5.68%.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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