Key Highlights from the Reported $230M Liquidation.

  • Total liquidations: Approximately $230 million worth of contracts were liquidated across the crypto market in the past 24 hours

  • BinanceMEXC.$BNB

  • Breakdown:

    Long positions: ~$142 mmillion

    • Short positions: ~$87.38 million

      BinanceMEXC

    • Bitcoin (BTC)$BTC liquidations: ~$35.92 million.$BTC

    • Ethereum (ETH) liquidations: ~$74.77 million.

    • The cryptocurrency market witnessed a dramatic liquidation wave over a 24-hour window, with leveraged positions totaling a staggering $230 million forcibly closed. According to Coinglass data reported by PANews and confirmed via Binance, long positions were harder hit than shorts, with $142 million in liquidations on longs compared to $87.38 million on shorts.

    • More specifically, Bitcoin (BTC) saw $35.92 million in liquidated positions, while Ethereum (ETH) accounted for an even larger share — $74.77 million in liquidations🔥👈🚀