As reported by ChainCatcher, the total liquidation amount in the cryptocurrency market reached $125 million in the past 24 hours, with $60.93 million from long positions and $64.25 million from short positions. Bitcoin (BTC) accounted for $40.43 million in liquidations, while Ethereum (ETH) saw $17.65 million. A total of 72,256 traders were liquidated, with the largest single liquidation occurring on Hyperliquid's BTC-USD trading pair, valued at $4.9 million.
Data: $125M in Liquidations Across Crypto Market in 24 Hours
KuCoinFlashShare
Summary
Market sentiment in crypto turned volatile as $125M in liquidations hit major exchanges in the past 24 hours. Longs and shorts were nearly equal, with $60.93M and $64.25M respectively. Bitcoin led with $40.43M in liquidations, followed by Ethereum at $17.65M. Over 72,000 traders were affected, with the largest single loss reaching $4.9M on Hyperliquid’s BTC-USD pair. Value investing in crypto remains a key strategy amid sharp price swings.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.