TREE NEWS reports: Crypto futures liquidations across major exchanges totaled $316 million over the past 24 hours, CoinGlass data shows, with $183 million in long positions and $133 million in shorts liquidated. Bitcoin accounted for $56.88 million of the total and Ethereum $55.30 million. The largest single liquidation, worth $5.34 million, occurred on Binance’s ETHUSDT contract.
Crypto liquidations hit $316M in 24 hours, longs and shorts both wiped out
Related Coin Charts
AI take
Two-sided liquidations of this size matter because they signal a violent, directionless shakeout rather than a one-way trend — leverage on both sides was caught off guard, which typically reflects a liquidity vacuum where moves overshoot. The concentration in BTC and ETH, plus a single large Binance ETHUSDT liquidation, points to perp markets as the transmission channel. The open question is whether this deleveraging resets positioning or precedes further volatility.
Generated by AI for reference only.
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.
Related News
1h ago
Binance to Restore Phase One Withdrawals on Nov 1, 2026
4h ago
Binance Says It Has Recovered 90% of Stolen Assets
5h ago
Trump Says He Is Looking Into Binance, Not Concerned About It
8h ago
FBI: North Korea Behind Over $6B Binance Hack
9h ago
Name.com says 15 customer domains hijacked, all now restored; 10 linked to Vercel
10h ago
Jupiter Lend USDC Withdrawal Liquidity Rebounds to $27.9M