Crypto liquidations reach $214M in 24 hours, long positions hit hardest

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BTC
$78,660.001.84%
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ETH
$2,521.610.82%
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SOL
$102.391.78%
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XRP
$1.404.56%
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ZEC
$1,138.273.6%
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Value investing in crypto is under pressure as liquidations reached $214 million in 24 hours, with long positions bearing the brunt at $126 million. Over 79,000 traders were affected, with Bitcoin leading at $52.5 million. Technical analysis shows Ethereum followed with $36.6 million, while SOL, XRP, and ZEC also experienced significant losses. The largest single liquidation occurred on BTCUSDT at $3.14 million.

According to CoinGlass data, the total cryptocurrency market liquidations over the past 24 hours reached $214 million, with $126 million in long positions liquidated and $87.62 million in short positions liquidated, affecting a total of 79,173 traders. Among these, BTC liquidations amounted to approximately $52.5 million ($16.57 million in longs and $35.93 million in shorts), ETH liquidations totaled about $36.61 million ($22.17 million in longs and $14.44 million in shorts), SOL liquidations reached approximately $6.79 million ($4.10 million in longs and $2.70 million in shorts), XRP liquidations totaled about $5.05 million ($2.01 million in longs and $3.04 million in shorts), ZEC liquidations amounted to approximately $11.58 million ($5.36 million in longs and $6.23 million in shorts), and other assets collectively saw liquidations of approximately $43.48 million. The largest single liquidation over the past 24 hours occurred on the BTCUSDT pair on Aster, valued at $3.14 million.

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