Crypto liquidations reach $585 million as 112,869 traders were liquidated

  • CoinGlass recorded $585 million in crypto-market liquidations over the latest 12-hour period, while a separate report counted 112,869 liquidated traders over 24 hours.
  • Long positions accounted for $498 million of the 12-hour total, compared with $86.4012 million for short positions.
  • Bitcoin and Ether liquidations reached $206 million and $202 million, respectively, together representing about 69.7% of the latest 12-hour total.

Crypto liquidations totaled $585 million across the market over the latest 12-hour period, according to CoinGlass data, while a separate reported figure counted 112,869 traders liquidated over 24 hours. Long positions accounted for $498 million and short positions for $86.4012 million in the 12-hour snapshot. Bitcoin liquidations reached $206 million and Ether liquidations $202 million, together representing about 69.7% of the total. An earlier CoinGlass snapshot cited by PANews on Sept. 15 recorded $493 million in liquidations over 24 hours, with Ether liquidations exceeding Bitcoin liquidations.

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