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Crypto market sees $193 million in liquidations over 24 hours

Crypto market sees $193 million in liquidations over 24 hours

According to Coinglass data, crypto liquidations reached $151 million in the past four hours, with long positions accounting for $143 million as Bitcoin and Ethereum led forced closures.

BTC
ETH

Fact Check
The claim is supported by multiple primary crypto news outlets and data aggregators. The $193 million 24-hour liquidation figure is explicitly cited by PANews and Blocktempo. While the distribution of longs vs. shorts shifted during the 48-hour window of March 25-27, the specific detail of $53.47 million in 1-hour liquidations (mostly longs) is consistent with the 'long washout' reported by Blocktempo on March 27, 2026, as Bitcoin price dropped from its peak.
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Summary

According to Coinglass data, crypto liquidations reached $151 million in the past four hours, including $143 million in long positions, showing that the latest wave of forced closures was heavily concentrated in bullish bets. Bitcoin accounted for $81.05 million in liquidations, while Ethereum totaled $46.48 million, making the two largest cryptocurrencies the main contributors to the move. This update exceeds the previously noted $53.47 million in one-hour liquidations and adds to earlier 24-hour readings in the same topic that ranged from $193 million to $206 million, both also marked by long-side pressure.

Terms & Concepts
  • Liquidation: The forced closure of a leveraged trading position when losses breach required margin requirements.
  • Long positions: Trades that are positioned to profit from rising prices and are vulnerable to liquidation when markets fall.
  • Bitcoin: The largest cryptocurrency by market capitalization, often a primary driver of overall crypto market trading activity.