Crypto Liquidations Today: Understanding the Bloodbath on Binance & Beyond

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🌊 Crypto Liquidations Today: Understanding the Bloodbath on Binance & Beyond

🧾 Key Liquidation Figures

Binance & broader market saw $480M–$640M wiped out in the last 24 hours

Longs: ~$115M

Shorts: ~$365M bitget.com+8binance.com+8binance.com+8

Over 131,969 traders liquidated, with the single largest position at $12.14M on Binance’s BTC/USDT binance.com+7binance.com+7binance.com+7

Bitget reported $197.48M in total liquidations, including a single $93M position binance.com+3bitget.com+3coinglass.com+3

Yesterday, Binance alone had $172M in liquidations:

Shorts: $132M

Longs: $40M cryptoquant.com+12binance.com+12binance.com+12


🔍 Asset-Specific Snapshot (Coinglass)

BTC: ~$107.3K total liquidations—mostly short-side pain

ETH: ~$2.4K in liquidations

SOL/XRP: Notable liquidations of ~$146 and ~$2.18, respectively coinglass.com+1binance.com+1onesafe.io+1coinalyze.net+1

24‑hour futures market snapshot:

Bitcoin: $21.8M

Ethereum: $6.1M

Solana: $3M

XRP: $805K coinalyze.net+1binance.com+1

⚠️ Why It Matters

Volatility Surge

Liquidations reflect forced position closures—often during wild price swings or sharp moves, impacting sentiment.

Longs vs Shorts

Heavy short liquidations show aggressive bearish bets were squeezed.

Long liquidations can drag prices further down.

Leverage Risk

Binance circuit breakers and margin auto‐liquidations amplify volatility—can cascade into deeper market drops.

Managing Risk

Use stop-losses.

Avoid excessive leverage.

Stay informed via real-time tools like CoinGlass and CoinAllyze.

🧭 What to Watch Next

Liquidation heatmaps show concentration around BTC’s ~$106K–$108K levels—key areas for potential squeezes or bounces coinank.com+14binance.com+14bitget.com+14binance.com+1binance.com+1binance.com+1binance.com+1coinglass.com+3coinglass.com+3coinalyze.net+3

Massive hourly liquidations recently hit ~$263M in just one hour—reflects rapid, one-sided moves binance.com+2binance.com+2tradingview.com+2

Keep an eye on Geopolitical triggers, ETF flows, and Fed signals—they often coincide with sudden liquidation cascades.

🛠️ Trader Takeaways

Track leverage heat and liquidation zones using CoinGlass, CoinAllyze, or Binance tools.

Set disciplined stops, especially in crowded leverage zones.

Spot squeeze zones—if price touches a major liquidation cluster, expect either a pop from shorts covering or a crash from longs breaking.

Don’t risk more than you can afford to lose. High volatility means fast gains—and faster losse.
$WCT