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Global Liquidations Hit $349M in 24 Hours, Ethereum Bears Take $90M

GateNews
Derivatives Data
ETH0.19%
BTC-1.18%

According to ChainCatcher citing Coinglass data, the crypto market saw $349 million in liquidations over the past 24 hours, with $180 million from long positions and $169 million from short positions.

Bitcoin liquidations totaled $73.58 million ($33.28M longs, $36.29M shorts), while Ethereum accounted for $136.56 million ($46.52M longs, $90.04M shorts). The largest single liquidation occurred on Binance's ETH/USDT pair, worth $11.88 million.

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