Crypto futures markets logged heavy forced liquidation activity over the past 24 hours, according to data from Coinglass cited by ChainCatcher. Total liquidations across exchanges reached $177 million, with shorts bearing the larger share. Longs were wiped out for $82.9367 million, while short positions saw $93.6 million liquidated. Bitcoin longs lost $10.8078 million and bitcoin shorts lost $11.111 million during the window. Ethereum was hit harder on both sides of the ledger: long positions were liquidated for $15.9439 million and shorts for $19.1731 million. In total, 80,789 traders were liquidated across all exchanges over the 24-hour period, Coinglass data shows. The single largest liquidation order occurred on Binance's ETHUSDT trading pair, valued at $3.2292 million. Published by ChainCatcher on August 13, the figures show forced selling pressure across the crypto market. Across the main assets tracked, short liquidations ran ahead of long liquidations, a pattern visible in both bitcoin and ether.
Total crypto liquidations reached $177 million over the past 24 hours, according to Coinglass data cited by ChainCatcher.
Shorts took the larger hit. Long positions were liquidated for $82.94 million, while short positions saw $93.6 million wiped out. Bitcoin accounted for a smaller slice of the damage: longs lost $10.81 million and shorts lost $11.11 million. Ethereum tallies were higher on both sides, with $15.94 million in long liquidations and $19.17 million in short liquidations.
Coinglass also records 80,789 traders liquidated worldwide during the same window. The largest single liquidation order occurred on Binance's ETHUSDT pair, valued at $3.23 million.
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