In the past 24 hours, the cryptocurrency market has witnessed a wave of severe liquidations, with a total liquidation value reaching 151.38 million USD. Notably, most of the positions liquidated were long positions, accounting for about 124.06 million USD, while short orders only accounted for 27.31 million USD.
🔍 Detailed over time:
In the last hour: 6.37 million USD were liquidated (long accounted for 5.94 million USD).
In the last 4 hours: 20.3 million USD were liquidated (17.81 million USD long).
In the last 12 hours: 100.63 million USD were liquidated (84.7 million USD long).
📉 Top liquidated assets:
Others (small altcoins): 40 million USD
BTC (Bitcoin): 22.33 million USD
ETH (Ethereum): 17 million USD
TRUMP: 8.22 million USD (a politically themed meme coin gaining popularity)
SUI: 6.74 million USD
SOL: 4.31 million USD
DOGE: 3.34 million USD
A noteworthy point is that the liquidation on BTC accounts for about 15% of the total market liquidation. In particular, the largest liquidation occurred on the Binance exchange (BTCUSDT pair) with a value of 2.03 million USD.
📌 Quick assessment:
The market is experiencing strong adjustments and most long positions are under heavy pressure.
This event may signal a temporary reversal or the next accumulation phase.
Investors should be cautious with high leverage and pay attention to short-term volatility.
#bitcoin #BTC
