ChainCatcher reported, citing Coinglass data, that total liquidations across the crypto market reached $129 million over the past 24 hours. Long-position liquidations amounted to $42.2238 million, while short-position liquidations totaled $86.6684 million. The figures show that short liquidations accounted for a larger share of the latest 24-hour liquidation total.
Bitcoin and Ethereum Liquidation Breakdown
For Bitcoin, long liquidations stood at $2.3408 million, while short liquidations reached $38.3842 million. For Ethereum, long liquidations came in at $3.1386 million, and short liquidations totaled $11.0923 million. These figures are part of Coinglass’s 24-hour market-wide liquidation statistics.
During the same 24-hour period, 75,006 traders worldwide were liquidated. The largest single liquidation order occurred on Bitget in the BTCUSDT_UMCBL market, with a value of $5.1119 million.