ChainCatcher reported, citing Coinglass data, that total cryptocurrency liquidations across the network reached $137 million over the past 24 hours. Of that amount, long-position liquidations accounted for $47.1821 million, while short-position liquidations stood at $89.4575 million. Liquidation data is commonly used to track forced closures of leveraged positions when margin conditions are no longer met, and the figures here refer specifically to the latest 24-hour period reported by Coinglass.
Bitcoin and Ether Liquidation Breakdown
By asset, Bitcoin-related positions recorded $6.5423 million in long liquidations and $31.5156 million in short liquidations. Ether-related positions saw $8.5316 million in long liquidations and $18.9269 million in short liquidations. These figures show the reported liquidation distribution for the two major crypto assets within the same 24-hour statistical window.
During the period, a total of 67,613 traders were liquidated globally. The largest single liquidation order occurred on Bybit in the BTCUSD trading pair, with a value of $2.4157 million. ChainCatcher categorized the item under market analysis, with the main data points covering total network-wide liquidations, long and short liquidation amounts, and the breakdown for Bitcoin and Ether positions.