Crypto liquidations totaled $924 million over the past 24 hours, according to CoinGlass, with long positions making up the bulk of the losses at $802 million. Short liquidations came in at $122 million during the same period. The data also showed that 175,806 traders were liquidated across the market.
The largest single liquidation order recorded in the past 24 hours took place on Binance in the BTCUSDT trading pair. That position was worth $12.0347 million and was a long trade. CoinGlass data showed the execution price for that liquidation at $80,208.96.
The figures provide a snapshot of broad market positioning over the past day, with liquidations on the long side far exceeding those on the short side. All numbers cited were attributed to CoinGlass data referenced by ChainCatcher.
Crypto liquidations across the market reached $924 million in the past 24 hours, according to CoinGlass data cited by ChainCatcher. Of that total, long liquidations accounted for $802 million, while short liquidations stood at $122 million. A total of 175,806 traders were liquidated over the period.
The largest single liquidation in the past 24 hours occurred on Binance in the BTCUSDT pair. The position was valued at $12.0347 million, and it was a long order. The execution price was $80,208.96.
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