Crypto Liquidations Total $121.4 Million, With Longs at 60%

Crypto liquidations on Binance, OKX and Bybit totaled $121.4 million in the 24 hours through 8:04 p.m. ET Monday, with long positions accounting for 60%.

Across 42,451 orders, long liquidations reached $72.8 million and short liquidations totaled $48.7 million. A liquidation is the forced closing of a leveraged position.

Binance led the exchange breakdown with $79.6 million in liquidations. OKX recorded $29.2 million, while Bybit had $12.6 million.

Among the listed coin totals, Bitcoin (BTC) ranked first at $35.5 million, including $20.5 million in long liquidations and $15 million in shorts. Ether (ETH) followed at $32.1 million, split between $21 million in longs and $11.1 million in shorts.

Solana (SOL) recorded $6.5 million, with $5.3 million in longs and $1.2 million in shorts. Zcash (ZEC) had $5.7 million, including $2.1 million in longs and $3.6 million in shorts.

The largest single liquidation was a $3.5 million Ether long position on Binance at 9:38 p.m. ET Oct. 25.