ChainCatcher reported, citing CoinGlass data, that total liquidations across the cryptocurrency market reached $426 million over the past 24 hours. Of that amount, long positions accounted for $304 million in liquidations, while short positions accounted for $123 million. Liquidation data is commonly used to track the scale of forced position closures in leveraged trading, and the figures cited cover the latest 24-hour market window.
Long Liquidations Exceeded Short Liquidations
By trading direction, the reported liquidations were led by long positions. CoinGlass data showed $304 million in long liquidations versus $123 million in short liquidations during the same 24-hour period. Based on the disclosed figures, long-position liquidations represented the larger share of the total, meaning the value of forced closures on long trades was higher than that of short trades in this reporting window.
Breakdown for BTC, ETH and SOL
Among major assets, BTC recorded $126 million in liquidations. This included $85.6314 million in long liquidations and $40.5747 million in short liquidations. ETH saw $93.67 million in liquidations, including $64.9403 million from long positions and $28.7296 million from short positions. SOL recorded $14.1397 million in liquidations, with $10.5799 million from long positions and $3.5598 million from short positions.
CoinGlass data also showed that 111,791 traders were liquidated over the past 24 hours. The largest single liquidation occurred on Hyperliquid’s BTC-USD trading pair, with a value of $4.3474 million. All figures above are from the CoinGlass data cited in the ChainCatcher report.