In the past 24 hours, total market liquidations 309000000 USD, with long positions accounting for 248000000 USD
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In the past 24 hours, total market liquidations 309000000 USD, including long liquidations of 248000000 USD。
Article
In the past 24 hours, total market liquidations 309000000 USD, mainly long positions
BlockBeats reported that October 18, according to Coinglass data, in the past 24 hours, total market liquidations amounted to 309000000 USD, of which long liquidations amounted to 248000000 USD and short liquidations amounted to 60530000 USD.
Original link https://m.theblockbeats.info/flash/372386
Key points
01
On October 18, BlockBeats cited Coinglass data stating that in the past 24 hours, total market liquidations 309000000 USD。
02
including long liquidations of 248000000 USD。
03
including short liquidations of 60530000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
“Liquidation” refers to the forced closing of a leveraged position after losses reach a certain level. The amount of long liquidations in the data was higher than that of short liquidations, indicating that during these 24 hours, a greater value of long positions was forcibly closed.
Why it matters to readers
Liquidation amounts and the long-short distribution can be used to observe the concentrated clearing of short-term leveraged positions; this time, the data was mainly concentrated in long positions.
Beginners may view this as a warning of market leverage risk, but liquidation data alone cannot determine the subsequent price direction and should not be used as the sole basis for trading decisions.
Risks and unknowns
The data was cited by BlockBeats from Coinglass; the original article did not provide independent cross-verification.
The original article did not specify the exchange coverage, statistical methodology, or trade-by-trade data encompassed by “total market.”
The original article did not list liquidation amounts for each individual crypto asset.
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Related concepts
Liquidation
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