$386M liquidated in 24 hours as shorts take the bigger hit

AI Market Summary
CoinGlass data show $386M of crypto liquidations over 24 hours, with shorts ($246M) exceeding longs ($140M), implying an upside squeeze and elevated leverage stress. BTC and ETH each saw roughly $99M liquidated, while a large single BTCUSD liquidation on Hyperliquid highlights concentrated risk in perpetual venues. Near term, this typically tightens liquidity and raises volatility as positioning resets.
Impact level
● Medium
Affected assets
BTC/USDT+1.28%
AI Insight · BTC/USDTAI Insight
▲ Bullish
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CoinGlass data cited by Huo Xing Finance show crypto market liquidations totaled $386 million over the past 24 hours. Long liquidations reached $140 million, while short liquidations came in at $246 million, impacting 86,201 traders. By asset, BTC liquidations were about $98.37 million ($32.18 million longs; $66.19 million shorts). ETH saw around $98.79 million ($42.42 million longs; $56.37 million shorts). SOL liquidations totaled roughly $11.90 million ($3.17 million longs; $8.74 million shorts). XRP liquidation value was about $9.66 million ($4.41 million longs; $5.25 million shorts). ZEC recorded approximately $58.97 million in liquidations ($7.72 million longs; $51.25 million shorts). Other assets accounted for a combined $92.31 million. The largest single liquidation in the past 24 hours was an $18.38 million BTCUSD position on Hyperliquid.