Past 12 hours: liquidations across the network 213000000 USD, with both longs and shorts liquidated
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AT A GLANCE
Citing Coinglass, BlockBeats stated that over the past 12 hours, liquidations occurred across the network 213000000 USD, affecting both longs and shorts.
Article
Past 12 hours: liquidations across the network 213000000 USD, with both longs and shorts liquidated
BlockBeats reports,October 22, according to Coinglass data, over the past 12 hours, liquidations across the network totaled 213000000 USD, including long liquidations of 112000000 USD and short liquidations of 101000000 USD.
Original link https://m.theblockbeats.info/flash/373086
Key points
01
October 22, BlockBeats reported, citing Coinglass data.
02
Past 12 hours: liquidations across the network 213000000 USD。
03
Long liquidations 112000000 USD, and short liquidations 101000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Liquidation refers to the forced closure of a leveraged trading position due to adverse price movements or other reasons. “Both longs and shorts liquidated” means that both long and short positions were liquidated; the amounts for the categories provided in the original text are relatively close.
Why it matters to readers
This set of data indicates that over the past 12 hours, leveraged positions on both the long and short sides experienced relatively large-scale forced closures, but these amounts alone cannot determine whether the market will rise or fall next.
Beginners may view this as a risk warning for leveraged trading: during market volatility, both long and short positions may quickly incur losses. The original text does not provide specific token or exchange breakdowns.
Risks and unknowns
The original text does not specify the methodology or coverage of the liquidation data.
The original text does not disclose the distribution of liquidations by token or exchange.
The original text does not provide price movements for the same period, so the direction of price changes cannot be confirmed on this basis.
The original text does not provide further details that would allow independent verification of these data.
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Related concepts
Liquidation
This term is not in the glossary yet. Browse related concepts in the glossary.
A trading method that uses borrowed funds to establish a position larger than the trader’s own capital, thereby amplifying both potential gains and losses.