Crypto market liquidations hit $561 million in the last 24 hours, with BTC and ETH accounting for over half
According to the latest statistics from CoinGlass, the total liquidation scale in the global crypto market reached $561 million in the past 24 hours, affecting a total of 123,307 traders who faced forced liquidations. The largest single liquidation came from the Hyperliquid platform on the ETH-USD trading pair, amounting to $14.1486 million.
In terms of the assets liquidated, Bitcoin (BTC) had the highest liquidation amount, reaching $156 million. This included $138 million in long liquidations and $18.1757 million in shorts;
Ethereum (ETH) followed closely behind, with liquidations amounting to $150 million, of which $131 million were long liquidations and $18.3363 million were shorts.
It’s worth noting that these two major coins accounted for more than half of the total liquidation amount. In terms of long/short distribution, long liquidations totaled $490 million while short liquidations were $71.4405 million, indicating stronger bearish pressure.
Overall, the scale of long liquidations in the past 24 hours significantly exceeded that of shorts, suggesting that this round of declines was primarily driven by long stop-loss cascades. The concentrated liquidations in BTC and ETH further confirm the substantial weakening of confidence among holders of these major coins, indicating that short-term market selling pressure has yet to fully clear.
#加密货币 #liquidation_data
According to the latest statistics from CoinGlass, the total liquidation scale in the global crypto market reached $561 million in the past 24 hours, affecting a total of 123,307 traders who faced forced liquidations. The largest single liquidation came from the Hyperliquid platform on the ETH-USD trading pair, amounting to $14.1486 million.
In terms of the assets liquidated, Bitcoin (BTC) had the highest liquidation amount, reaching $156 million. This included $138 million in long liquidations and $18.1757 million in shorts;
Ethereum (ETH) followed closely behind, with liquidations amounting to $150 million, of which $131 million were long liquidations and $18.3363 million were shorts.
It’s worth noting that these two major coins accounted for more than half of the total liquidation amount. In terms of long/short distribution, long liquidations totaled $490 million while short liquidations were $71.4405 million, indicating stronger bearish pressure.
Overall, the scale of long liquidations in the past 24 hours significantly exceeded that of shorts, suggesting that this round of declines was primarily driven by long stop-loss cascades. The concentrated liquidations in BTC and ETH further confirm the substantial weakening of confidence among holders of these major coins, indicating that short-term market selling pressure has yet to fully clear.
#加密货币 #liquidation_data