Crypto Liquidations Hit $209 Million in One Hour, Coinglass Data Shows

Crypto Liquidations Hit $209 Million in One Hour, Coinglass Data Shows

According to Coinglass, crypto market liquidations totaled $180 million over the past 24 hours, with long positions accounting for the larger share and Bitcoin and Ethereum leading asset-level losses.

BTC
ETH

Fact Check
The user content states that CoinGlass showed $180 million in crypto liquidations over the past 24 hours, that long positions were the larger share, and that Bitcoin and Ethereum led asset-level losses. This is directly supported by PANews' article '过去24小时全网合约爆仓1.80亿美元,主爆多单 | PANews', which gives $180 million total, says longs dominated, and lists BTC and ETH as the largest asset-level liquidation amounts. Both Odaily links trace to the same primary CoinGlass liquidations page, reinforcing that CoinGlass is the intended source. However, the direct CoinGlass page at https://www.coinglass.com/zh/liquidations could not be fetched in this run, so the primary data could not be independently read. Also, 'Crypto Markets Tick Up Following Supreme Court Tariff Ruling - "The Defiant"' reports a similar $180 million 24-hour CoinGlass figure but says shorts, not longs, were the larger share. That means the broad $180 million figure and BTC/ETH leadership are corroborated, but the long-vs-short split conflicts across secondary reports. Separately, the title 'Crypto Liquidations Hit $209 Million in One Hour' appears inconsistent with the provided content and seems to correspond to a different linked report, not the 24-hour $180 million statement.
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Summary

According to Coinglass, the cryptocurrency market saw $180 million in liquidations over the past 24 hours. Long positions accounted for $118 million, while short positions totaled $61.44 million, indicating that bullish traders took the larger share of forced closures in the latest reported period. Bitcoin recorded $27.51 million in liquidations and Ethereum posted $24.85 million.

Terms & Concepts
  • Liquidation: A forced position closure that happens when losses trigger margin requirements on a trading platform.
  • Long position: A trade that profits if an asset’s price rises and loses value when the price falls.
  • Short position: A trade that profits if an asset’s price falls and loses value when the price rises.