Crypto liquidations across the market reached $1.505 billion over the past 24 hours, according to Coinglass, with short positions making up the bulk of the total. Data cited by ChainCatcher showed long liquidations at $292 million and short liquidations at $1.213 billion during the period.
Bitcoin accounted for a large share of the wipeout. BTC long liquidations came in at $125 million, while BTC short liquidations rose to $742 million. Ethereum also saw heavy forced closures, with ETH long liquidations at $71.6627 million and ETH short liquidations at $237 million.
Coinglass data also showed that 178,984 traders were liquidated globally in the last 24 hours. The largest single liquidation order occurred on Hyperliquid in the BTC-USD pair, with a value of $23.5968 million. The figures reflect a sharp wave of forced position closures across major crypto assets within one day.
Crypto liquidations across the market totaled $1.505 billion over the past 24 hours, according to Coinglass data cited by ChainCatcher. Of that amount, long liquidations reached $292 million, while short liquidations came in at $1.213 billion.
By asset, Bitcoin saw $125 million in long liquidations and $742 million in short liquidations. Ethereum recorded $71.6627 million in long liquidations and $237 million in short liquidations.
Over the same 24-hour period, 178,984 traders were liquidated worldwide. The largest single liquidation order took place on Hyperliquid in BTC-USD, with a value of $23.5968 million.
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