Crypto derivatives markets saw $197 million in liquidations over the past 24 hours, according to Coinglass. Long positions accounted for $84.3795 million, while short positions made up the larger share at $113 million. Bitcoin liquidations included $10.271 million in longs and $17.7482 million in shorts. Ethereum posted $11.1476 million in long liquidations and $28.5337 million in short liquidations. Coinglass also showed that 94,280 traders were liquidated globally during the same period. The largest single liquidation order was recorded on Bybit in the ETHUSDT pair, with a value of $1.2059 million. The figures point to heavier short-side losses than long-side losses over the past day, with Ethereum and Bitcoin accounting for a notable share of the total.
Crypto liquidations across the market reached $197 million over the past 24 hours, according to Coinglass. Of that total, long positions accounted for $84.3795 million, while short positions accounted for $113 million.
By asset, Bitcoin saw $10.271 million in long liquidations and $17.7482 million in short liquidations. Ethereum recorded $11.1476 million in long liquidations and $28.5337 million in short liquidations.
Coinglass data also showed that 94,280 traders were liquidated globally in the past 24 hours. The largest single liquidation order took place on Bybit in ETHUSDT, with a value of $1.2059 million.
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