Crypto derivatives markets saw $150 million in liquidations over the past 24 hours, according to Coinglass data cited by ChainCatcher. Of that total, long positions made up $42.1349 million, while short positions accounted for $108 million.
Bitcoin liquidations included $4.1868 million in longs and $7.2866 million in shorts. Ethereum posted $4.0694 million in long liquidations and $5.9556 million in short liquidations.
Coinglass data also showed that 93,958 traders were liquidated globally during the same 24-hour period. The largest single liquidation order took place on Bitget in the TUTUSDT_UMCBL contract, with a value of $3.3271 million.
The figures reflect broad liquidation activity across the market within the last day, with short positions representing the larger share of the total.
The crypto market got hit with $150 million in liquidations in the past 24 hours, based on Coinglass numbers cited by ChainCatcher. Longs made up $42.1349 million of that total. Shorts were far higher at $108 million.
Breaking it down by asset, Bitcoin posted $4.1868 million in long liquidations and $7.2866 million in short liquidations. Ethereum, meanwhile, logged $4.0694 million in long liquidations and $5.9556 million in short liquidations.
In that same 24-hour stretch, 93,958 traders were liquidated worldwide. The biggest single liquidation order showed up on Bitget, in TUTUSDT_UMCBL, with a value of $3.3271 million.
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