【Breaking】$609 million in crypto futures liquidations across the market over the past 24 hours, mostly long positions
According to CoinGlass, crypto futures liquidations across the market totaled $609 million over the past 24 hours, including $431 million in long positions and $178 million in short positions. Total BTC liquidations came to $171 million, while ETH liquidations totaled $188 million. The largest single liquidation was on HYPERLIQUID-ETH-USD, valued at $19.9818 million.
Liquidations on both sides mean traders are betting on both directions—avoid high leverage on days like this. Until the liquidation wave passes, anyone trying to catch a rebound is just catching a falling knife.
$ETH
According to CoinGlass, crypto futures liquidations across the market totaled $609 million over the past 24 hours, including $431 million in long positions and $178 million in short positions. Total BTC liquidations came to $171 million, while ETH liquidations totaled $188 million. The largest single liquidation was on HYPERLIQUID-ETH-USD, valued at $19.9818 million.
Liquidations on both sides mean traders are betting on both directions—avoid high leverage on days like this. Until the liquidation wave passes, anyone trying to catch a rebound is just catching a falling knife.
$ETH