Tags: liquidations

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A total of $119 million in on-chain positions are at risk of being liquidated if ether slides by another 20.

The largest long liquidation in at least a month suggests that Thursday’s crash in crypto prices has caught traders off-guard. Bitcoin traders suffered the most losses, some $112 million in the past 24 hours, while ether liquidations surpassed $73 million, per data from Coinglass.

Centralized exchanges liquidated bullish long futures worth over $62 million during the early Asian hours.