Crypto market liquidations reached $1.112 billion over the past 24 hours, according to Coinglass data cited by Odaily. Long positions accounted for the bulk of the wipeout at $930 million, while short liquidations came in at $175 million. By asset, Bitcoin (BTC) recorded $350 million in liquidations and Ether (ETH) saw about $253 million. The figures point to heavy derivatives-market losses within a single day, with long traders taking the larger hit. The data snapshot was published by Odaily in a newsflash citing Coinglass.
Crypto liquidations across the market totaled $1.112 billion over the past 24 hours, according to Coinglass data cited by Odaily.
Of that amount, long liquidations reached $930 million, while short liquidations stood at $175 million. By asset, BTC liquidations hit $350 million and ETH liquidations were about $253 million.
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