According to ChainCatcher, Coinglass data shows that total liquidations across the crypto market reached $280 million over the past 24 hours. Long positions accounted for $88.3029 million of the total, while short positions accounted for $191 million. Liquidation figures track positions that are forcibly closed in derivatives or leveraged trading when market moves exceed margin thresholds.
By asset, Bitcoin-related liquidations included $11.5488 million in long positions and $66.3235 million in short positions. Ethereum-related liquidations included $27.8027 million in long positions and $37.7958 million in short positions. These figures are based on the reported 24-hour market-wide statistics from Coinglass.
The data also shows that 98,273 traders worldwide were liquidated during the latest 24-hour period. The largest single liquidation order took place on Binance - ETHUSDT, with a value of $11.8764 million. The figures were reported by ChainCatcher based on Coinglass market data.