Crypto derivatives traders saw $270 million in liquidations across the market over the past 24 hours, according to Coinglass. Long positions accounted for $214 million of the total, while short positions made up $55.6804 million.
By asset, Bitcoin liquidations included $68.5403 million in longs and $10.7307 million in shorts. Ethereum recorded $38.646 million in long liquidations and $27.0575 million in short liquidations.
Coinglass data also showed that 69,788 traders were liquidated worldwide during the same 24-hour period. The largest single liquidation order was recorded on Hyperliquid in the XYZ:SKHX-USD market, with a value of $4.8618 million.
Crypto liquidations across the market reached $270 million over the past 24 hours, according to Coinglass. Long positions accounted for $214 million, while short positions totaled $55.6804 million.
Bitcoin liquidations included $68.5403 million in longs and $10.7307 million in shorts. Ethereum posted $38.646 million in long liquidations and $27.0575 million in short liquidations.
Coinglass data also showed that 69,788 traders were liquidated globally during the period. The largest single liquidation order occurred on Hyperliquid in XYZ:SKHX-USD, valued at $4.8618 million.
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