TREE NEWS reports: Crypto futures liquidations across exchanges totaled $239 million over the past 24 hours, with long positions accounting for $153 million and shorts $86.73 million, CoinGlass data shows. Bitcoin liquidations reached $27.14 million and Ethereum $52.57 million. The largest single liquidation, worth $4.47 million, occurred on Binance’s ETHUSDT contract.
Crypto liquidations hit $239M in 24 hours, longs dominate at $153M
Related Coin Charts
AI take
The long-heavy skew in liquidations points to a market that was positioned for continuation and got caught leaning the wrong way, rather than a broad two-sided washout. That Ethereum's liquidation total dwarfed Bitcoin's, and produced the single largest forced exit on a Binance ETH pair, suggests the stress was concentrated in ETH positioning rather than across the board. Whether that concentration reflects a one-off flush or the start of a broader de-risking is the open question.
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
5h ago
Bittensor TAO Launches on Robinhood Chain via Chainlink CCIP Bridge
7h ago
Solana Account Rent Cut Phase 2 Goes Live, Lamports Down 27%
10h ago
Shanghai launches Mingzhu Constellation plan for gigawatt-scale space computing
11h ago
Entropy Pays 500 HYPE, About $38,950, for HIP-3 Ticker DRAM
11h ago
ETH Slips Below $2,500, Down 1.24% in 24 Hours
11h ago
Losing $1.2M Account Buys $95K on GEN.G to Beat HLE in LCK Final