According to CoinGlass data, the total cryptocurrency market liquidations over the past 24 hours reached $1.244 billion, with long positions liquidated for $744 million and short positions liquidated for $500 million, affecting a total of 246,203 traders. Among these, BTC liquidations amounted to approximately $194 million, ETH to $277 million, SOL to $104 million, XRP to $123 million, ZEC to $66.77 million, and other assets combined for approximately $479 million. The largest single liquidation over the past 24 hours occurred on the BTC-USD pair on Hyperliquid, valued at approximately $24.96 million.
Crypto liquidations reach $124.4M in 24 hours, long positions hit hardest
TechFlowShare
Summary
Value investing in crypto is under pressure as total liquidations reached $124.4M in 24 hours, with long positions bearing the brunt at $74.4M. Over 246,203 traders were affected. Bitcoin led with $194M in liquidations, followed by Ethereum at $277M. Technical analysis shows that Hyperliquid’s BTC-USD pair recorded the largest single liquidation at $24.96M. Solana, XRP, and ZEC also experienced significant losses.
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