ChainCatcher reported, citing Coinglass data, that total liquidations across the crypto market reached $143 million over the past 24 hours. Long-position liquidations stood at $69.5254 million, while short-position liquidations totaled $73.6071 million. Liquidation data tracks positions that were forcibly closed in crypto derivatives markets, covering both long and short exposure.
Bitcoin and Ethereum liquidation breakdown
By asset, Bitcoin long liquidations reached $11.0992 million, while Bitcoin short liquidations totaled $35.4525 million. For Ethereum, long liquidations amounted to $11.6166 million, and short liquidations reached $9.3173 million. These figures are based on Coinglass statistics for the latest 24-hour period.
During the same period, 78,518 traders were liquidated worldwide. The largest single liquidation order occurred on Bitget in the BTCUSDT_UMCBL trading pair, with a value of $5.1119 million. According to the disclosed data, this was the largest individual liquidation order recorded in the 24-hour window.