Crypto Market Liquidations Reach $275 Million Over 24 Hours

Crypto market liquidations reached $275 million over the latest 24-hour period, with short-position liquidations slightly exceeding long-position losses across derivatives markets.

Long liquidations totaled $137 million, while short liquidations reached $138 million. A total of 77,336 traders had positions liquidated during the period.

Bitcoin (BTC) long liquidations came to $45.72 million, compared with $20.47 million in short liquidations. Ether (ETH) long liquidations totaled $27.89 million, while short liquidations reached $28.07 million.

The largest single liquidation was a $2.25 million order on Binance’s ETHUSDT market.