This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
Crypto Liquidations Hit $69.87M in 24 Hours; Shorts Lose $40.38M
N
News EditorCoinglass figures show $69.87 million in crypto liquidations over 24 hours. Longs lost $29.49 million, shorts lost $40.38 million. Bitcoin long liquidations were $4.24 million, bitcoin shorts $2.67 million; Ethereum longs were $1.56 million, shorts $3.05 million. A total of 51,211 traders were liquidated, and the largest single liquidation order was $1.12 million on Binance’s BNBUSD_PERP.
Coinglass data shows crypto liquidations totaled $69.87 million across the market over the past 24 hours. Long positions accounted for $29.49 million of that amount, while short positions saw $40.38 million liquidated, meaning short sellers took a larger hit.
Bitcoin long liquidations reached $4.24 million and bitcoin shorts $2.67 million. On Ethereum, long liquidations came to $1.56 million and short liquidations to $3.05 million.
A total of 51,211 traders were liquidated during the 24-hour window. The largest single liquidation order took place on Binance’s BNBUSD_PERP, valued at $1.12 million.
650
Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.