Overall Liquidation Data: Longs Dominate
According to Coinglass data, total liquidations across the crypto market over the past 24 hours reached $315 million. Long position liquidations accounted for $218 million (69.2%), while short position liquidations stood at $97.38 million (30.8%). The long/short ratio of 2.24x indicates a concentrated unwind of leveraged long positions amid recent market volatility.
Bitcoin Liquidation Details
Bitcoin long liquidations totaled $82.19 million, with short liquidations at $36.74 million, bringing the combined BTC liquidation volume to approximately $118.9 million. The long-to-short ratio of 2.24x aligns with the overall market pattern, suggesting significant pressure on BTC longs.
Ethereum Liquidation Details
Ethereum long liquidations reached $45.27 million, while shorts accounted for $18.45 million, totaling around $63.71 million. The ETH long-to-short ratio of 2.45x indicates even heavier liquidation pressure on ETH leveraged longs compared to BTC.
Number of Liquidated Traders and Largest Single Order
84,288 traders were liquidated in the past 24 hours, with an average liquidation amount of approximately $3,744 per trader. The largest single liquidation order occurred on Binance's ETHUSDT trading pair, valued at $8.57 million. This large order likely exerted additional downward pressure on Ethereum's short-term price.