Crypto derivatives markets saw $303 million in liquidations over the past 24 hours, according to data from Coinglass. Long positions accounted for $238 million of the total, while short liquidations reached $64.6509 million. Bitcoin made up a large share of the wipeout, with $100 million in long liquidations and $4.6 million in short liquidations. Ethereum also posted heavy losses, with $54.3597 million in long liquidations and $5.7206 million in short liquidations. Coinglass data also showed that 87,805 traders were liquidated worldwide during the same period. The largest single liquidation order was recorded on Binance in the BTCUSDT trading pair, with a value of $4.7629 million. The figures provide a snapshot of sharp derivatives-market moves over the latest 24-hour window.
Crypto markets recorded $303 million in liquidations over the past 24 hours, according to Coinglass data. Long positions made up $238 million of that total, while short liquidations came to $64.6509 million.
By asset, Bitcoin saw $100 million in long liquidations and $4.6 million in short liquidations. Ethereum posted $54.3597 million in long liquidations and $5.7206 million in short liquidations.
Over the same 24-hour period, 87,805 traders were liquidated globally. The largest single liquidation order took place on Binance in BTCUSDT, with a value of $4.7629 million.
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