Crypto Liquidations Reach $95.3 Million Across Three Exchanges

Crypto liquidations totaled $95.3 million across Binance, Bybit and OKX in the 24 hours through 8:03 p.m. ET Tuesday, Oct. 27, as short positions made up 71% of losses.

Short liquidations totaled $67.4 million, compared with $27.9 million in long liquidations. The tally covered 32,756 orders. Binance led with $66.8 million, followed by OKX at $19.2 million and Bybit at $9.3 million.

A liquidation is the forced closing of a trading position. Ether (ETH) had the highest total among the listed assets at $29.6 million, including $25.3 million in short liquidations and $4.2 million in long liquidations.

Bitcoin (BTC) totaled $19.9 million, divided into $15.8 million in shorts and $4.1 million in longs. Zcash (ZEC) reached $7.1 million, while Q recorded $3.9 million, Solana (SOL) $3.6 million and AIN $2.2 million. Shorts exceeded longs for Ether, Bitcoin, ZEC and AIN; Q had more long liquidations, while Solana's split was even.

The largest individual liquidation was a $9.4 million ETH short on Binance at 11:21 a.m. ET Tuesday, Oct. 27. A prior 24-hour liquidation tally recorded $70.71 million, including $38.39 million in shorts and $32.32 million in longs.