According to TechFlow, citing CoinGlass data on June 11, total cryptocurrency market liquidations reached $335 million over the past 24 hours. The data shows liquidations on both sides of the market, with long positions accounting for $195 million and short positions accounting for $139 million.
Breakdown for BTC, ETH and SOL
Among the listed assets, BTC recorded $87.0469 million in liquidations over the 24-hour period. This included $33.1527 million in long liquidations and $53.8942 million in short liquidations, meaning BTC short liquidations were higher than long liquidations within the reported figures.
ETH saw $61.1747 million in liquidations, including $36.0346 million from long positions and $25.1401 million from short positions. SOL recorded $9.1787 million in total liquidations, with $5.1967 million from longs and $3.9820 million from shorts. For both ETH and SOL, long liquidations were higher than short liquidations in the CoinGlass data.
123,968 Traders Liquidated
The same dataset shows that 123,968 traders were liquidated during the past 24 hours. The largest single liquidation occurred on Binance in the XAGUSDT trading pair, with a value of $3.304 million.
Liquidation data is commonly used to describe leveraged positions that are forcibly closed when margin is insufficient. In this report, CoinGlass provided figures covering total liquidations, the split between long and short positions, major asset-level liquidations, the number of affected traders, and the largest single liquidation order.