Crypto derivatives markets saw $67.7575 million in liquidations over the past 24 hours, according to Coinglass. Short positions accounted for the larger share at $38.0133 million, while long positions made up $29.7442 million. The data also showed that 57,912 traders were liquidated globally during the same period.
By asset, Bitcoin recorded $1.7126 million in long liquidations and $873,100 in short liquidations. Ethereum saw $3.2329 million in long liquidations and $3.2115 million in short liquidations. The largest single liquidation order was recorded on Binance in the CLUSDT pair, with a value of $537,500.
The figures provide a snapshot of derivatives market pressure over the last day, with short-side liquidations exceeding long-side losses on a market-wide basis.
Crypto markets recorded $67.7575 million in liquidations over the past 24 hours, according to Coinglass. Of that total, long positions accounted for $29.7442 million, while short positions made up $38.0133 million.
For Bitcoin, long liquidations came in at $1.7126 million and short liquidations reached $873,100. Ethereum posted $3.2329 million in long liquidations and $3.2115 million in short liquidations.
Coinglass also showed that 57,912 traders were liquidated globally over the same 24-hour period. The largest single liquidation order occurred on Binance in CLUSDT, valued at $537,500.
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