Crypto derivatives markets saw $534 million in liquidations over the past 24 hours, according to Coinglass data cited by ChainCatcher. Long positions accounted for the bulk of the wipeout at $431 million, while short positions made up $103 million. Bitcoin recorded $92.2689 million in long liquidations and $28.9328 million in short liquidations. Ether saw $54.1313 million in long liquidations and $30.3838 million in short liquidations. The data also showed that 132,721 traders were liquidated worldwide during the same period. The largest single liquidation order was recorded on Binance in the ETHUSDT trading pair, with a value of $11.8215 million. The figures offer a snapshot of the scale of forced position closures across the market within one day.
Crypto liquidations across the market reached $534 million over the past 24 hours, according to Coinglass data cited by ChainCatcher. Long positions accounted for $431 million, while short positions totaled $103 million.
By asset, Bitcoin posted $92.2689 million in long liquidations and $28.9328 million in short liquidations. Ether recorded $54.1313 million in long liquidations and $30.3838 million in short liquidations.
Over the same 24-hour period, 132,721 traders were liquidated globally. The largest single liquidation order took place on Binance in the ETHUSDT pair, with a value of $11.8215 million.
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