According to the latest data from Coinglass, the total liquidation amount in cryptocurrency contracts reached $1.13 billion in the past hour. The data showed that long positions accounted for $1.11 billion, while short positions faced $18.866 million in liquidations.
Market volatility triggered massive forced liquidations. A single ETH position on a major platform incurred losses of $223 million, marking the largest individual loss in this cycle.
- Total liquidation value: $1.13 billion
- Long positions liquidated: $1.11 billion
- Short positions liquidated: $18.866 million
- Single largest loss: $223 million on an ETH position