In the cryptocurrency market, $134.42 million in leveraged positions were liquidated within 24 hours.

In the past 24 hours, approximately $134.42 million (about 1.965 trillion KRW) of leveraged positions in the cryptocurrency market have been liquidated.

According to current aggregated data, among the liquidated positions, long positions account for approximately $69.8 million, representing 51.9% of the total; short positions amount to about $64.62 million, accounting for 48.1%.

4-hour liquidation data across exchanges / CoinGlass

In the last 4 hours, the most liquidated cryptocurrency is Bitcoin (BTC), with about $6.14 million liquidated. Of this, long positions account for $1.43 million, or 23.3%; short positions account for $4.73 million, or 76.7%.

The second most liquidated coin is Ethereum (ETH), which, based on implied data, may have a liquidation volume second only to SOL.

Notably, WLFI tokens surged 17.81% in price over 24 hours, with over $410,000 in positions liquidated, and short positions being particularly prominent.

Cryptocurrency liquidation data / CoinGlass

By coin, Bitcoin (BTC) related positions were liquidated the most. Over the past 24 hours, about $69.77 million worth of Bitcoin positions were liquidated, with $46.76 million from long positions and $23.01 million from short positions.

Ethereum (ETH) saw approximately $52.29 million in positions liquidated over 24 hours.

Solana (SOL) experienced about $7.61 million in liquidations over 24 hours, with roughly $820,000 liquidated in the 4-hour period. The price of Solana declined 1.02% over 24 hours.

Dogecoin (DOGE) increased 1.62% in price over 24 hours, with about $4.65 million liquidated, of which $3.54 million were long positions, accounting for 76%.

Zcash (ZEC) is also noteworthy, with $2.04 million liquidated in 24 hours, with $1.05 million from long positions and $980,000 from short positions, showing a relatively balanced ratio.

Despite a significant 17.81% increase in price, WLFI tokens exhibited a unique pattern with more short position liquidations ($84,000) than long position liquidations ($27,000).

In the crypto market, “liquidation” refers to the forced closing of positions when traders holding leveraged positions fail to meet margin requirements. The liquidation data indicates that overall, the ratio of long to short liquidations remains relatively balanced, suggesting the market has not sharply tilted in one direction.

Summary by TokenPost.ai

🔎 Market Interpretation

• Approximately $134.42 million in positions liquidated in 24 hours

• Long vs. short liquidation ratio of 51.9% to 48.1%, relatively balanced

• Bitcoin and Ethereum lead with $69.77 million and $52.29 million in liquidations respectively

• Despite a 17.81% rise, WLFI tokens show an unusual pattern with more short liquidations than long

💡 Strategic Highlights

• The market shows no clear bias; prepare strategies for two-way volatility

• Pay attention to the high proportion of BTC short liquidations

• Long liquidations in rising assets like XRP, DOGE, ADA suggest potential short-term corrections

📘 Terminology Explanation

• Liquidation: In leveraged trading, when margin maintenance requirements are not met, positions are forcibly closed

• Long position: Buying assets expecting their price to rise

• Short position: Selling assets expecting their price to fall

TokenPost AI Notes

This article summary is generated using a language model based on TokenPost.ai. The main content may be omitted or may not fully align with actual facts.