According to ChainCatcher, data from Coinglass shows that the total liquidation value across the entire network in the past 24 hours was $80.0358 million, with long positions being liquidated for $44.1109 million and short positions for $35.9249 million. Among these, long Bitcoin positions were liquidated for $6.3369 million, and short Bitcoin positions for $1.4235 million. Long Ethereum positions were liquidated for $7.2261 million, and short Ethereum positions for $1.713 million. Additionally, in the past 24 hours, a total of 70,824 traders were liquidated globally. The largest single liquidation occurred on Hyperliquid - XYZ:SILVER-USD, amounting to $1.0029 million.
Global Liquidations Reach $80.04M in 24 Hours, Bitcoin and Ethereum Lead
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Summary
Global cryptocurrency liquidations reached $80.04 million in 24 hours, with Bitcoin and Ethereum leading the way. Long positions accounted for $44.11 million in liquidations, while short positions totaled $35.92 million. Bitcoin longs saw $6.34 million in liquidations, compared to $1.42 million for shorts. Ethereum longs reached $7.23 million in liquidations, with shorts at $1.71 million. A total of 70,824 traders were liquidated, with the largest single liquidation amounting to $10.03 million on Hyperliquid - XYZ:SILVER-USD. Traders are closely monitoring key support and resistance levels amid the volatile market conditions. Value investing in the crypto space remains a key focus as markets continue to test long-term fundamentals.
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