Crypto liquidations total $386M over 24 hours, shorts account for the bulk
AI Market Summary
CoinGlass data shows $386M in 24h crypto liquidations, with shorts ($246M) materially exceeding longs ($140M), indicating an upswing that forced short-covering. BTC and ETH each saw roughly $99M liquidated, while a notable $18.38M single BTCUSD liquidation occurred on Hyperliquid. The event highlights elevated leverage and volatility, which can amplify near-term intraday moves and tighten risk conditions across majors.
Impact level
● Medium
Affected assets
BTC/USDT+1.28%
AI Insight · BTC/USDTAI Insight
▲ Bullish
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CoinGlass data cited by ChainCatcher shows total cryptocurrency liquidations reached $386 million over the past 24 hours, with $140 million from long positions and $246 million from shorts. In total, 86,201 traders were impacted.
By asset, BTC liquidations came to about $98.37 million ($32.18 million longs; $66.19 million shorts). ETH saw roughly $98.79 million ($42.42 million longs; $56.37 million shorts). SOL liquidations were approximately $11.90 million ($3.17 million longs; $8.74 million shorts), while XRP totaled about $9.66 million ($4.41 million longs; $5.25 million shorts). ZEC posted around $58.97 million ($7.72 million longs; $51.25 million shorts). Liquidations across other tokens amounted to roughly $92.31 million.
The largest single liquidation in the past 24 hours occurred on Hyperliquid's BTCUSD pair, valued at $18.38 million.
