According to ChainCatcher, data from Coinglass shows that $208 million in liquidations occurred across the entire crypto market in the past 24 hours, with $136 million in long positions and $71.5259 million in short positions being liquidated. Specifically, long BTC positions were liquidated for $35.886 million, while short BTC positions were liquidated for $24.4901 million. Long ETH positions were liquidated for $28.6742 million, and short ETH positions were liquidated for $11.8883 million. Additionally, in the past 24 hours, a total of 89,667 traders were liquidated globally. The largest single liquidation occurred on Hyperliquid - BTC-USD, amounting to $2.0917 million.
Global Liquidations Reach $208M in 24 Hours, Bitcoin and Ethereum Dominate
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Summary
Global cryptocurrency liquidations reached $208 million within 24 hours, with Bitcoin and Ethereum leading the trend. Long positions accounted for $136 million, while short positions totaled $71.53 million. Bitcoin longs saw $35.89 million in liquidations, and shorts amounted to $24.49 million. Ethereum longs reached $28.67 million in liquidations, with shorts at $11.89 million. A total of 89,667 traders were affected, with the largest single loss being $2.09 million on Hyperliquid for BTC-USD. Traders are now closely monitoring key support and resistance levels as value investing in crypto remains a key focus.
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