Crypto liquidations hit $76.96M over 24 hours, split fairly evenly between longs and shorts

AI Market Summary
Roughly $76.96M in 24h liquidations signals active deleveraging and elevated volatility in perp markets, with longs and shorts relatively balanced overall. The skew is more pronounced in ETH, where short liquidations ($21.02M) materially exceeded long liquidations ($4.41M), indicating short-covering pressure and potentially tighter positioning. A $2.49M single ETHUSD liquidation on Hyperliquid highlights concentrated risk in leveraged venues.
Impact level
● Medium
Affected assets
ETH/USDT+1.85%
AI Insight · ETH/USDTAI Insight
● Neutral
Trade now
⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
ChainCatcher reports that Coinglass data show $76.96 million in crypto liquidations across the market over the past 24 hours. Long liquidations totaled $30.15 million, while short liquidations reached $46.81 million. By asset, Bitcoin saw $5.59 million in long liquidations and $5.55 million in short liquidations. Ethereum recorded $4.41 million in long liquidations and $21.02 million in short liquidations. In total, 45,677 traders were liquidated globally during the period. The largest single liquidation was $2.49 million on Hyperliquid's ETHUSD market.