š„ "Crypto Liquidation Surge: $173M Wiped in 24 Hours as Markets Shake"
#Liquidations #CryptoFundsOnTheMove #IfYouAreNewToBinance
A breakdown of the major onāchain liquidations since yesterday:
š Global Market Liquidations (24āÆh)
Binance reports approximately $173 million in total crypto liquidations over the past 24 hours:
Long positions: ~$40.1āÆM
Short positions: ~$133āÆM
Another Binance update shows $169 million total liquidated:
Longs: ~$123āÆM
Shorts: ~$45.9āÆM
Why the discrepancy? Figures fluctuate depending on when data was capturedāsome reports differ by minutes, and coverage varies slightly across sources.
š What It Means
Short-side squeeze or long blowout?
One report attributes most liquidations to long positions ($123M), implying a bearish shift.
Another flags short liquidations dominating ($133M), suggesting a possible relief rally .
Macroeconomic triggers:
Sharp BTC moves around $106Kā$110K could have activated large liquidation cascades
šŖ Asset-Specific Liquidations
Bitcoin Futures:
Recent days show $25.4M in BTC liquidations, primarily from longs ($21.9M)
Altcoins & DeFi:
Data indicates major liquidations in tokens like AAVE, TRB, ADA, DOGE via social chatterābut hard numbers are elusive .
š Summary Table
Scope Total Liquidations Longs Shorts Notes
Global (Binance)~$169ā$173āÆM$40ā123⯠M$45ā133āÆM Timing differences for figures
BTC Futures ~$25.4āÆM$21.9⯠M$3.5āÆM Mostly long squeezes
Individual Altcoins UnspecifiedāāAnecdotal via Reddit
š§ Investor Takeaways
Volatility alert: Sudden BTC moves between $106Kā$110K are triggering large liquidations.
Mixed squeeze patterns: Both long and short positions have been hitāstrategy matters.
Risk management is key: Use stopālosses, avoid excessive leverage.
Stay informed: Track crypto indicators (Coinglass, CoinGlass, CoinAnk) to monitor liquidation clusters that might signal price reversals.