According to ChainCatcher, Coinglass data shows that total liquidations across the crypto market reached $286 million over the past 24 hours. Long positions accounted for $216 million of that amount, while short positions accounted for $70.4905 million. Based on the direction of liquidations in this reporting window, long positions recorded a larger forced-closing amount than short positions.
By asset, Bitcoin-related long liquidations totaled $65.8034 million, while Bitcoin short liquidations stood at $9.1192 million. For Ethereum-related positions, long liquidations reached $50.3364 million, and short liquidations totaled $18.5245 million. The figures are based on Coinglass statistics for derivatives-market liquidations during the latest 24-hour period.
During the same 24-hour span, 83,614 traders worldwide were liquidated. The largest single liquidation order occurred on Binance - BTCUSDT, with a value of $4.9661 million. Liquidation generally refers to the forced closing of a leveraged position by an exchange when margin is insufficient, and this type of data is commonly used to track the scale of leverage clear-outs in derivatives markets over a short period.