Crypto derivatives markets saw $274 million in liquidations over the past 24 hours, according to Coinglass. Long positions accounted for $182 million of the total, while short positions made up $92.2692 million. Bitcoin liquidations included $34.4903 million in longs and $15.938 million in shorts. Ethereum posted $48.6247 million in long liquidations and $24.6313 million in short liquidations. Coinglass data also showed that 84,929 traders were liquidated globally during the same period. The largest single liquidation order was recorded on Hyperliquid in the XYZ:CL-USD pair, with a value of $7.86 million. The figures provide a snapshot of leverage-driven losses across the broader crypto market over the last day.
Crypto liquidations across the market reached $274 million over the past 24 hours, according to Coinglass. Of that total, long positions accounted for $182 million, while short positions made up $92.2692 million.
By asset, Bitcoin saw $34.4903 million in long liquidations and $15.938 million in short liquidations. Ethereum recorded $48.6247 million in long liquidations and $24.6313 million in short liquidations.
Coinglass data also showed that 84,929 traders were liquidated globally in the past 24 hours. The largest single liquidation order occurred on Hyperliquid in XYZ:CL-USD, valued at $7.86 million.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. 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.
