$425 Million Liquidated in 24 Hours as 84,506 Traders Get Wiped Out
Crypto markets saw a large wave of forced position closures over the past day.
Breakdown of the liquidations:
> Total liquidated: $424.95 million
> Traders liquidated: 84,506
> Shorts hit harder: $253.93 million
> Longs liquidated: $171.02 million
> Bitcoin: $133.39 million
> Ethereum: $129.83 million
> Solana: $39.51 million
> Largest single order: $12.40 million ETH on Binance
Binance accounted for the biggest share at $193.60 million, followed by Hyperliquid at $59.25 million.
Most of the pressure came from shorts after Bitcoin and Ethereum’s recent rebound.
When price rises quickly, traders betting on a drop get forced out, and those closures can add extra buying in the short term.
A heavy 24-hour flush concentrated in BTC and ETH after the market’s sharp bounce.
Crypto markets saw a large wave of forced position closures over the past day.
Breakdown of the liquidations:
> Total liquidated: $424.95 million
> Traders liquidated: 84,506
> Shorts hit harder: $253.93 million
> Longs liquidated: $171.02 million
> Bitcoin: $133.39 million
> Ethereum: $129.83 million
> Solana: $39.51 million
> Largest single order: $12.40 million ETH on Binance
Binance accounted for the biggest share at $193.60 million, followed by Hyperliquid at $59.25 million.
Most of the pressure came from shorts after Bitcoin and Ethereum’s recent rebound.
When price rises quickly, traders betting on a drop get forced out, and those closures can add extra buying in the short term.
A heavy 24-hour flush concentrated in BTC and ETH after the market’s sharp bounce.
