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Crypto Contract Liquidations Reach $348 Million in 24 Hours

Long-position liquidations totaled $195 million, while short positions accounted for $152 million. Bitcoin and Ether recorded the largest asset-level totals.

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Smartphone screen showing a steep downward chart in dim light / TokenPost.ai
Smartphone screen showing a steep downward chart in dim light / TokenPost.ai

Liquidations across crypto contracts reached $348 million in the 24 hours reported Oct. 12, with liquidations recorded in both long and short positions.

Long-position liquidations totaled $195 million, while short-position liquidations reached $152 million.

Bitcoin (BTC) accounted for $83.564 million in liquidations. Ether (ETH) followed with $76.4618 million.

The largest single liquidation was a $4.8883 million BTC-USD position on Hyperliquid.

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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