Crypto derivatives markets saw $582 million in liquidations over the past 24 hours, according to Coinglass. Long positions accounted for $328 million of the total, while short positions made up $254 million. Bitcoin liquidations included $75.9237 million in longs and $130 million in shorts. Ethereum liquidations reached $71.1099 million for longs and $57.6722 million for shorts. Coinglass data also showed that 110,846 traders were liquidated globally during the period. The largest single liquidation order was recorded on Binance in the BTCUSDT trading pair, with a value of $11.7274 million. The figures provide a snapshot of the scale of forced position closures across the market within one day.
Coinglass data shows total crypto liquidations hit $582 million in the past 24 hours. Long positions made up $328 million. Short positions came in at $254 million.
Breaking it down by asset, Bitcoin posted $75.9237 million in long liquidations and $130 million in short liquidations. Ethereum, meanwhile, logged $71.1099 million in long liquidations and $57.6722 million in short liquidations.
In that same window, 110,846 traders were liquidated worldwide. The biggest single liquidation order landed on Binance in the BTCUSDT pair, valued at $11.7274 million.
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