$495 million liquidated in 24 hours as shorts bear the brunt
AI Market Summary
Crypto markets saw $495m in 24h liquidations, heavily skewed to shorts ($440m) versus longs ($54.9m), indicating a sharp upside move that forced short covering. BTC was most impacted with ~$228m liquidated (mostly shorts), followed by ETH (~$81.8m) and SOL (~$32.3m). The concentration of forced buys can amplify near-term volatility and tighten positioning across major pairs.
Impact level
● Medium
Affected assets
BTC/USDT+5.80%
AI Insight · BTC/USDTAI Insight
▲ Bullish
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ChainCatcher cited CoinGlass data showing total cryptocurrency market liquidations of $495 million over the past 24 hours, with $54.94 million from long positions and $440 million from short positions, impacting 102,048 traders.
By asset, BTC saw about $228 million liquidated ($5.55 million longs; $222.45 million shorts). ETH recorded about $81.83 million ($10.24 million; $71.59 million). SOL totaled about $32.33 million ($1.40 million; $30.93 million). XRP came in at about $8.56 million ($1.74 million; $6.82 million). ZEC reached about $27.82 million ($7.31 million; $20.51 million). NEAR posted about $15.54 million ($2.03 million; $13.50 million). Other assets accounted for roughly $32.44 million.
The largest single liquidation in the last 24 hours was an $8.53 million position on the BTCUSD pair on Hyperliquid.
