Crypto derivatives markets saw $317 million in liquidations over the past 24 hours, according to Coinglass. Long positions accounted for $251 million of the total, while short liquidations reached $66.1022 million.
By asset, Bitcoin recorded $17.1162 million in long liquidations and $11.5809 million in short liquidations. Ethereum posted larger long-side losses, with $62.9889 million in long liquidations, while short liquidations in ETH came in at $8.6755 million.
The figures offer a snapshot of how positions were wiped out across the market during the past day, with long traders taking the bigger hit overall.
Coinglass data shows total crypto liquidations hit $317 million in the past 24 hours. Most of that came from longs at $251 million. Shorts were far lower, at $66.1022 million.
By asset, Bitcoin posted $17.1162 million in long liquidations and $11.5809 million in short liquidations. Ethereum took a bigger hit: $62.9889 million in long liquidations and $8.6755 million in short liquidations.
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