Crypto Futures Liquidations Hit $1.708 Billion as Long Positions Dominate

Crypto futures positions worth $1.708 billion were liquidated across the market during the 24 hours covered by figures published Nov. 15, with long positions accounting for most of the total.

Long positions accounted for $1.37 billion, or about 80% of liquidations. Short positions accounted for $338 million, roughly 20%. The long total exceeded the short total by $1.032 billion, showing the liquidation event fell heavily on positions betting on higher prices.

Bitcoin (BTC) liquidations totaled $689 million, while Ether (ETH) liquidations reached $400 million. Bitcoin’s total was $289 million above Ether’s. Together, the two assets accounted for $1.089 billion, about 64% of the marketwide total, leaving $619 million in liquidations across other crypto assets.

The largest individual liquidation was a $16.173 million position on Binance’s ETHUSDT market. The long and short totals sum to the overall $1.708 billion. The figures provide a rolling 24-hour snapshot and include marketwide futures liquidations, while separate asset-level totals were given for Bitcoin and Ether.