According to ChainCatcher, data from Coinglass shows that the total liquidation value across the entire network in the past 24 hours reached $383 million, with long positions being liquidated for $259 million and short positions for $124 million. Specifically, long Bitcoin positions were liquidated for $55.3136 million, while short Bitcoin positions were liquidated for $44.7536 million. Long Ethereum positions were liquidated for $44.0476 million, and short Ethereum positions for $41.6966 million. Additionally, in the last 24 hours, a total of 132,998 traders were liquidated globally. The largest single liquidation occurred on Hyperliquid - PUMP-USD, amounting to $11.1454 million.
Global Liquidations Reach $383M in 24 Hours, Longs Outpace Shorts
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Summary
According to Coinglass data via ChainCatcher, global cryptocurrency liquidations reached $383 million in the past 24 hours, with long positions surpassing short positions. Longs accounted for $259 million in liquidations, including $55.31 million in Bitcoin and $44.05 million in Ethereum. Shorts totaled $124 million, with Bitcoin shorts at $44.75 million and Ethereum shorts at $41.70 million. A total of 132,998 traders were affected, with the largest single liquidation amounting to $11.15 million on Hyperliquid - PUMP-USD. Traders utilizing technical analysis for crypto and those focused on value investing in the crypto market should closely monitor their position exposures.
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