💥 Liquidation Tsunami: Over $680 Million Wiped Out as Crypto Bulls and Bears Both Get Slaughtered
#Liquidations #IfYouAreNewToBinance #BinanceTurn8
Today’s crypto liquidations across derivatives markets:
CoinDesk reports over $675.8 million in total liquidations over the past 24 hours — $406 M in long positions and $269 M in short positions .
CoinGlass data indicates more than $680 million in liquidations within the same period, with short-side losses comprising roughly $426 M .
CoinSpeaker (via Coinglass heatmap) cites a more conservative figure of $469 million in liquidations, with Bitcoin alone accounting for $156 M and Ethereum $101 M .
MEXC (citing Coinglass/PANews) gives a figure of $539 million total: $122 M long and $417 M short; Bitcoin at $190 M and Ethereum at $125 M .
🧩 Why the differences?
Data source variability – CoinGlass, CryptoMeter, CoinStats, MEXC etc. each use slightly different exchange coverage and aggregation methods.
Timeframes mismatch – While most reference a rolling 24‑hour window (as of mid‑July 15, 2025), precise cut-off times vary.
Derivatives included – Some include all perpetual and futures contracts; others may exclude certain assets or exchanges.
So, what’s the on-chain takeaway?
The most widely reported total sits between $550–680 million in derivative liquidations today.
Bitcoin and Ethereum are top contributors — $150–200 M each.
Shorts were significantly punished, with liquidations ranging from $269–426 M.
