BEAT has topped the market again, with 7,517 liquidations—first place with a clear gap to the rest. How many for second-place ETH? 3,480.

But if you break down these numbers, it’s different. 7,517 trades netted just $6.97 million—an average of $927 per liquidation trade, which is less than one-tenth of BTC’s average.

BTC saw 4,864 liquidations and $54.64 million, averaging $11,233 per trade. ETH had 3,480 liquidations and $47.71 million, averaging $13,709 per trade. The single-trade sizes for these two are 12 to 15 times BEAT’s.

On BEAT, most liquidations are small orders—tens or hundreds of dollars. Longs make up 75.5% ($5.26 million), while shorts are 24.5% ($1.71 million). Even though longs are the bigger side, they’re much more diversified than BTC (92.9% longs) and ETH (87.6% longs).

So what does that mean? The market disagreement on BEAT is severe compared to bigger coins. Some people think the price has dropped enough to go long against the trend, while others add shorts in line with the move—resulting in both sides getting wiped out together.

This kind of liquidation density—where the average is under a thousand dollars—essentially acts as a “thermometer” for retail traders running high leverage. The direction isn’t the main issue; it’s that the leverage is set far too high.

📊 24h liquidation average comparison:
• BEAT: 7,517 trades / $970,000 / avg $27
BTC: 4,864 trades / ,464万 / avg 1,233
ETH: 3,480 trades / ,771万 / avg 3,709
SOL: 579 trades / 66万 / avg ,586

Live view: https://www.coinboss.com/liquidations