ChainCatcher report, according to Coinglass data, $297 million in total liquidations occurred across the network in the past 24 hours, including $220 million in long liquidations and $76.94 million in short liquidations. Of this, Bitcoin longs were liquidated for $80.78 million and Bitcoin shorts for $23.60 million; Ethereum longs were liquidated for $69.75 million and Ethereum shorts for $23.37 million. Additionally, over the past 24 hours, 102,778 users globally were liquidated, with the largest single liquidation occurring on Hyperliquid - BTC-USD at $11.22 million.
Global liquidations reach $297M in 24 hours, with Bitcoin and Ethereum leading the way.
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Summary
Global crypto liquidations reached $297 million in 24 hours, led by Bitcoin and Ethereum. Long liquidations totaled $220 million, while short positions saw $76.94 million wiped out. Bitcoin longs lost $80.78 million, and shorts lost $23.6 million. Ethereum longs were liquidated for $69.75 million, and shorts for $23.37 million. Over 102,778 traders were affected, with the largest single loss amounting to $11.22 million on Hyperliquid-BTC-USD. Traders are now monitoring key support and resistance levels as value investing in crypto faces renewed pressure.
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