Crypto liquidations climbed sharply over the past 12 hours after Bitcoin fell below $82,000, according to data cited by BlockBeats from Coinglass. Total liquidations reached $684 million during the period, with long positions accounting for $639 million and short positions making up $45 million. The figures show that the bulk of forced closures came from bullish bets as the market moved lower.
Over the past 24 hours, 140,043 traders were liquidated globally, with total liquidations reaching $769 million. The largest single liquidation order was recorded on Binance in the BTCUSDT trading pair, valued at $11.8234 million. The update was published by BlockBeats on Oct. 8.
Crypto liquidations rose to $684 million over the past 12 hours after Bitcoin fell below $82,000, according to Coinglass data cited by BlockBeats on Oct. 8.
Of that total, long liquidations reached $639 million, while short liquidations came in at $45 million.
24-hour liquidation tally
Over the past 24 hours, 140,043 traders were liquidated worldwide, with total liquidations at $769 million.
Largest single liquidation
The largest single liquidation order took place on Binance in the BTCUSDT pair, with a value of $11.8234 million.
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