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Crypto market liquidations top $380 million in 24 hours

Crypto market liquidations top $380 million in 24 hours

Fresh data showed $333 million in liquidations over the past day, with longs accounting for $194 million and shorts $139 million, as Bitcoin and Ether made up much of the total.

BTC

Fact Check
The substantive body claim ($333M total, $194M longs, $139M shorts, dominated by Bitcoin and Ether) matches the PANews/Coinglass source (019eb758) exactly. The companion Crypto Briefing report and a second PANews snapshot confirm an ongoing liquidation wave of this scale during early June 2026. The headline figure of '$380 million' is an approximate/rounded-up framing rather than the precise $333M cited in the body and source, so the headline number is slightly overstated; otherwise the claim is well-corroborated by primary aggregator data.
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Summary

Crypto markets recorded $333 million in derivatives liquidations over the past 24 hours in the latest update, compared with earlier tallies that exceeded $380 million and previously stood at $363 million. The new breakdown showed $194 million in long liquidations and $139 million in short liquidations, with Bitcoin accounting for $86.9559 million and Ether for $61.0789 million. Earlier updates had cited more than 130,000 traders liquidated, about $208 million in long losses and about $170 million in short losses, while an earlier breakdown showed $233 million in longs and $131 million in shorts. The shifting totals highlight how liquidation data can change across snapshots as volatile price moves in major tokens force leveraged positions to close.

Terms & Concepts
  • derivatives liquidations: Forced closures of leveraged trading positions when losses exceed margin requirements
  • long liquidations: Closures of bullish leveraged positions after prices move against traders
  • short liquidations: Closures of bearish leveraged positions after prices rise against traders