24-Hour Liquidation Overview
According to Coinglass data cited by ChainCatcher, total crypto liquidations across the market reached $174 million over the past 24 hours. Of that total, liquidated long positions accounted for $71.1399 million, while liquidated short positions totaled $103 million. The imbalance shows that short-side traders absorbed the larger share of forced closures during the latest market move.
On a trader basis, a total of 65,864 people were liquidated globally during the same period. The largest single liquidation order was recorded on Binance - BTCUSDT, with a value of $2.7283 million. This points to continued sensitivity in major perpetual futures markets, where leverage remains concentrated and liquidation cascades can form quickly once price momentum accelerates.
BTC and ETH Liquidation Breakdown
For Bitcoin, long liquidations came in at $9.7551 million, while short liquidations reached $22.1575 million. For Ethereum, long liquidations totaled $13.749 million, and short liquidations were significantly higher at $34.7389 million. In both major assets, short liquidations clearly exceeded long liquidations, showing that bearish positions were under greater pressure in this cycle.
Ethereum posted the larger short-side liquidation figure compared with Bitcoin, making it one of the most notable large-cap assets in the latest liquidation wave. Combined with the broader market totals, the distribution confirms that BTC and ETH continued to dominate overall liquidation flows, consistent with their central role in derivatives positioning and exchange liquidity.
What the Data Shows About Market Positioning
The latest figures highlight two immediate features of the market. First, losses were more concentrated on the short side, indicating that the recent price action moved against bearish leverage more aggressively. Second, liquidation activity remained centered on major perpetual contract pairs rather than being broadly dispersed across smaller assets.
For professional market participants, this type of liquidation data is useful mainly as a positioning signal. It helps show where leverage was crowded, which side of the market faced the sharper unwind, and which benchmark pairs absorbed the largest forced exits. The source report was published by ChainCatcher, based on Coinglass data. Original source URL: https://www.chaincatcher.com/newsflash/2274873 .