Past 12 hours, total liquidations across the network reached 1231000000 USD, with long liquidations accounting for 1069000000 USD
BIBIBI
AT A GLANCE
Past 12 hours, total liquidations across the network reached 1231000000 USD, of which long positions accounted for 1069000000 USD。
Article
Past 12 hours, total long liquidations across the network exceeded 1000000000 USD BlockBeats reported that October 30, according to data from Coinglass, over the past 12 hours, total liquidations across the network rose to 1231000000 USD, of which long liquidations accounted for 1069000000 USD, and short liquidations accounted for 162000000 USD.
Original link https://m.theblockbeats.info/flash/374499
Key points
01
BlockBeats stated that over the past 12 hours, total liquidations across the network rose to 1231000000 USD。
02
of which long liquidations accounted for 1069000000 USD, and short liquidations accounted for 162000000 USD。
03
The data source is Coinglass.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
These data show the scale of positions forcibly liquidated over the past 12 hours and distinguish between long and short positions.
Why it matters to readers
Long-position liquidation amounts were higher than short-position liquidation amounts, indicating that long positions were liquidated on a larger scale during the statistical period; this information alone cannot determine subsequent price movements.
Beginners should pay attention to liquidation scale and the distribution between long and short positions, but should not make trading decisions based solely on a single statistical snapshot.
Risks and unknowns
The evidence is BlockBeats' attribution of Coinglass data; the original Coinglass page was not shown.
The statistical methodology and subsequent changes in liquidation scale still require further confirmation.
Related Developments
Loading event timeline…
Related concepts
Long Position
This term is not in the glossary yet. Browse related concepts in the glossary.