In the past 24 hours, 91,000 traders’ positions were liquidated, with over $387 million liquidated. The largest liquidation occurred in BTC/USDT on Binance, with $9.98 million in liquidations, according to Coinglass data.

Liquidation by Cryptocurrency:

⚫ BTC: $216 million

⚫ ETH: $56.23 million

⚫ SOL: $11.46 million

Exchanges with the largest clearing volume:

⚫ Binance: $131 million, 72% of positions short

⚫ OKX: $108 million, 70.76% of positions are short

⚫ Huobi: $60 million, 90.91% of positions are short