According to CoinGlass data, the total amount of liquidations in the cryptocurrency market over the past 24 hours reached $967 million, with long positions liquidated amounting to $860 million and short positions liquidated totaling $107 million. The liquidation amount for BTC was $186 million, while ETH saw $383 million in liquidations. A total of 238,151 traders were liquidated in the past 24 hours. The largest single liquidation occurred on the ETH-USD trading pair on Hyperliquid, valued at $13.3899 million.
Global Crypto Liquidations Reach $967M in 24 Hours, Longs Hit Hardest
TechFlowShare
Summary
Value investing in crypto is under pressure as global liquidations reached $967 million within 24 hours, according to CoinGlass. Long positions bore the brunt of the losses, totaling $860 million. Ethereum (ETH) led in losses with $383 million, followed by Bitcoin (BTC) at $186 million. Over 238,000 traders were liquidated, with the largest single loss amounting to $13.39 million on the ETH-USD pair on Hyperliquid. Technical analysis remains crucial as ongoing volatility continues to test market positions.
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