ChainCatcher reported, citing Coinglass data, that total liquidations across the crypto market reached $468 million over the past 24 hours. Long positions accounted for $377 million of the total, while short positions accounted for $91.4829 million. In leveraged trading, liquidation refers to the forced closing of a position when the margin is insufficient, and the latest figures show that long liquidations were higher than short liquidations during this period.
By asset, Bitcoin-related long liquidations reached $128 million, while Bitcoin short liquidations totaled $15.6606 million. Ethereum-related long liquidations stood at $85.7243 million, and Ethereum short liquidations reached $25.8044 million. Bitcoin and Ethereum were therefore the main assets represented in the reported liquidation figures.
Coinglass data also shows that 120,341 traders were liquidated globally over the past 24 hours. The largest single liquidation order occurred on Aster - ETHUSDT, with a value of $10.4925 million. The figures refer to forced liquidation statistics across the broader crypto derivatives market during the latest 24-hour reporting window.