Crypto derivatives traders saw $399 million in liquidations over the past 24 hours, according to data from Coinglass. Long positions accounted for $274 million of that total, while short positions made up $125 million.
Bitcoin posted $95.2905 million in long liquidations and $17.2589 million in short liquidations during the same period. Ethereum recorded $74.5982 million in liquidated longs and $31.4368 million in liquidated shorts.
Coinglass data also showed that 88,639 traders were liquidated worldwide over the past day. The single largest liquidation order was recorded on Binance in the BTCUSDT trading pair, with a value of $23.1743 million.
The figures reflect market-wide derivatives activity over the last 24 hours, with liquidations concentrated in long positions and led by Bitcoin and Ethereum.
Crypto liquidations across the market hit $399 million in the past 24 hours, per Coinglass. Long positions made up $274 million. Shorts came in at $125 million.
Breaking it down by asset, Bitcoin posted $95.2905 million in long liquidations and $17.2589 million in short liquidations. Ethereum, meanwhile, logged $74.5982 million in liquidated longs and $31.4368 million in liquidated shorts.
In that same 24-hour stretch, 88,639 traders were liquidated worldwide. The biggest single liquidation order happened on Binance in BTCUSDT, with a value of $23.1743 million.
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