TechFlow reported on June 10 that, according to CoinGlass data, total liquidations across the cryptocurrency market reached $366 million over the past 24 hours. Long positions made up the larger share of the total, with $235 million liquidated, while short-position liquidations amounted to $131 million during the same period.
BTC and ETH Account for Major Liquidation Totals
By asset, BTC recorded $101 million in liquidations over the past 24 hours. Of that amount, long liquidations totaled $49.0901 million, while short liquidations reached $51.5001 million. In BTC’s case, short liquidations were slightly higher than long liquidations within the reported period.
ETH saw $78.9743 million in total liquidations. Long liquidations for ETH came in at $47.9798 million, while short liquidations stood at $30.9945 million. Unlike BTC, ETH’s liquidation breakdown showed a higher amount from long positions than from short positions.
SOL Liquidations Exceed $11 Million; Largest Single Liquidation on Binance
SOL recorded $11.7037 million in liquidations over the past 24 hours. The total included $7.1059 million in long liquidations and $4.5978 million in short liquidations, meaning long positions also represented the larger part of SOL’s liquidation figure.
CoinGlass data also showed that 109,404 traders were liquidated over the past 24 hours. The largest single liquidation occurred on Binance in the BTCUSDT trading pair, with a value of $2.0983 million.