According to ChainCatcher, citing data from Coinglass, total liquidations across the crypto market reached $137 million over the past 24 hours. Long-position liquidations amounted to $47.1821 million, while short-position liquidations totaled $89.4575 million. Liquidation data records positions that are forcibly closed when margin requirements are no longer met.
By asset, Bitcoin-related long liquidations stood at $6.5423 million, while Bitcoin short liquidations reached $31.5156 million. For Ethereum, long liquidations totaled $8.5316 million and short liquidations reached $18.9269 million. These figures are based on Coinglass statistics for the most recent 24-hour period.
Coinglass also recorded 67,613 liquidated traders globally during the same 24 hours. The largest single liquidation order occurred on Bybit in the BTCUSD pair, with a value of $2.4157 million. The data outlines the scale of forced position closures across both long and short crypto derivatives positions during the period.