Crypto Market Liquidations Top $1.686B in 24H, Longs Hit Hardest

News Editor

2026-06-05 00:00:50

Coinglass data shows total crypto liquidations reached $1.686 billion in 24 hours, with longs at $1.37 billion and shorts at $316 million. Bitcoin and Ethereum led long-side losses, 282,146 traders were liquidated, and the largest single liquidation was $16.1984 million on Hyperliquid.

liquidationBitcoinEthereumCoinglassHyperliquidlong positionsshort positionscrypto market

Coinglass data reveals that total cryptocurrency liquidations surged to $1.686 billion over the past 24 hours, with long positions suffering $1.37 billion in losses and shorts facing $316 million. This data underscores the intense volatility that triggered widespread position closures.

Bitcoin long liquidations reached $610 million, while short liquidations stood at $177 million. Ethereum longs saw $288 million in liquidations and shorts $68.8513 million. Additionally, 282,146 traders were liquidated, and the largest single liquidation was a $16.1984 million order on Hyperliquid for BTC-USD.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.

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