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Crypto Derivatives Liquidations Reach $109 Million in 24 Hours

Short positions made up $63.43 million of the total, while the largest single liquidation was $3.01 million on Binance-ETHUSDT.

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An unmarked coin rests beneath a compact steel press / TokenPost.ai
An unmarked coin rests beneath a compact steel press / TokenPost.ai

A 24-hour snapshot reported Oct. 25 put crypto derivatives liquidations at about $109 million, with short positions accounting for a larger share than long positions.

Short liquidations totaled $63.43 million, compared with $45.50 million in long liquidations. Bitcoin (BTC) liquidations reached $21.76 million, while Ether (ETH) liquidations totaled $29.92 million.

The largest single liquidation was valued at $3.01 million on the Binance-ETHUSDT contract.

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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