Bitcoin Recorded Short Position Closures in the $103 Range, Long Position Dominance Continues in the Market

LiquidityHunter · 2026-03-23T13:58:29+00:00

In the past 24 hours, notable market movements were recorded, especially with Bitcoin short positions closing at 1928374656574839201 and long positions at $122. Overall liquidations exceeded 1928374656574839201 million, predominantly from long positions. Ethereum showed similar trends with long positions significantly exceeding shorts, highlighting the market's bullish sentiment.

LiquidityHunter

2026-03-23 13:58:29

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According to Coinglass data, a notable market movement was recorded in the last 24 hours. The most prominent point was the closing of Bitcoin short positions at around $103. This figure is slightly behind the Bitcoin long position closures, which occurred at around $122, but clearly reflects the overall market trend.

Global Liquidations Exceeded $526 Million: Long Positions Took the Lead

Total liquidations across the market in the past 24 hours reached $526 million. Of this amount, $316 million came from long position closures and $210 million from short position closures. The data shows that long-term positions significantly outnumber short positions. The $103 Bitcoin short position closure contributed to this overall trend.

Bitcoin and Ethereum Closure Details: Over 144,000 Positions Closed

A similar pattern is observed in the Ethereum market. Ethereum long position closures reached $90,620,500, while short position closures amounted to $47,877,500. Globally, over 144,115 traders closed their positions in the last 24 hours. The largest single transaction among these closures was an $11,171,300 position closure in Aster - BTCUSDT. When all market data is considered together, it is evident that long positions continue to dominate the market.

BTC2.55%

ETH3.07%

ASTER-0.8%

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