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Crypto Liquidations Reach $582 Million in 24 Hours, Led by Longs

Long positions accounted for $328 million of the total, while short positions made up $254 million.

Mentioned assets
A small Bitcoin token beside a liquidation notice on a counter / TokenPost.ai
A small Bitcoin token beside a liquidation notice on a counter / TokenPost.ai

Crypto liquidations totaled $582 million over 24 hours, with long positions accounting for $328 million and short positions for $254 million.

Bitcoin (BTC) long liquidations reached $75.9 million, while short liquidations totaled $130 million. Ether (ETH) saw $71.1 million in long liquidations and $57.7 million in short liquidations.

A total of 110,846 traders were liquidated during the period. The largest single liquidation was an $11.7 million BTCUSDT liquidation on Binance.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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