According to Coinglass, total crypto liquidations reached $132 million in the past 24 hours, with short positions making up $96.99 million and longs $35.14 million. Bitcoin and Ethereum short liquidations far exceeded longs. 66,684 traders were liquidated, with the largest single order on Gate ETH-USDT worth $5.0964 million.
In the last 24 hours, the crypto market racked up $132 million in liquidations, based on Coinglass data. Shorts got hit hardest by far: $96.99 million, or 73.5% of the total. Long liquidations came in at $35.14 million.
By asset, Bitcoin short liquidations totaled $7.618 million, against $2.668 million in longs. Ethereum posted $18.386 million in short liquidations and $2.9837 million in longs. All told, 66,684 traders were liquidated over the stretch. The biggest single liquidation order landed on Gate's ETH-USDT pair, with a value of $5.0964 million.
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