Crypto liquidations hit $1.19B in 24 hours, led by $1.06B in long wipeouts
AI Market Summary
A $1.19B 24-hour liquidation wave was heavily skewed to longs ($1.06B), signaling an abrupt deleveraging and risk-off impulse across crypto derivatives. ETH saw larger long liquidations ($294M) than BTC ($273M), indicating greater near-term stress in ETH positioning. The concentration of forced selling and a large Hyperliquid ETHUSD liquidation highlights elevated volatility and tighter liquidity conditions in the short run.
Impact level
● High
Affected assets
ETH/USDT-3.22%
AI Insight · ETH/USDTAI Insight
▼ Bearish
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ChainCatcher reports that Coinglass data show total crypto market liquidations of $1.191 billion over the past 24 hours. Long positions accounted for $1.056 billion, while shorts totaled $135 million.
By asset, Bitcoin saw $273 million in long liquidations versus $31.5008 million in shorts. Ethereum recorded $294 million in longs liquidated and $56.5026 million in shorts.
Globally, 192,576 traders were liquidated during the period. The largest single order was on Hyperliquid's ETHUSD, totaling $19.9817 million.
