According to ChainCatcher, data from Coinglass shows that total liquidations across the crypto market reached $124 million over the past 24 hours. By position direction, long liquidations amounted to $75.4552 million, while short liquidations totaled $48.2317 million, meaning long positions accounted for the larger share of forced closures in the reported period.
BTC and ETH liquidation figures
By asset, BTC recorded $14.476 million in liquidations, while ETH recorded $12.3676 million. Liquidation generally refers to the forced closing of leveraged positions when margin conditions are no longer met. The figures reported here reflect the liquidation scale that has already occurred within the 24-hour window covered by Coinglass data.
The update was reported by ChainCatcher and is based on Coinglass market data. The disclosed information covers the total liquidation amount, the split between long and short positions, and liquidation totals for BTC and ETH.