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Crypto liquidations hit $581 million in 24 hours as 110,749 positions close

  • CoinGlass recorded $581 million in crypto liquidations over 24 hours, affecting 110,749 traders.
  • Long positions accounted for $328 million, compared with $253 million for short positions.
  • Bitcoin liquidations reached about $206 million, Ethereum liquidations totaled about $129 million, and the largest individual liquidation was approximately $11.7274 million on Binance's BTCUSDT pair.

Crypto markets recorded $581 million in liquidations over 24 hours, affecting 110,749 traders, according to CoinGlass data. Long positions accounted for $328 million, compared with $253 million for shorts. Bitcoin liquidations reached approximately $206 million and Ethereum liquidations about $129 million, while the largest individual liquidation was approximately $11.7274 million on Binance's BTCUSDT trading pair.

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