Crypto market short positions face a massive liquidation wave, with over $40 million liquidated within 24 hours

FancyResearchLab · 2026-03-06T03:03:48+00:00

Recently, the cryptocurrency trading market has experienced intense volatility, with over 67,000 short position investors liquidated, losing a total of $66.6195 million, of which more than 60% were short position accounts. The Hyperliquid platform also saw a single largest liquidation of $893,600, indicating an imbalance between bullish and bearish forces in the market and an increase in high leverage risks.

FancyResearchLab

2026-03-06 03:03:48

Abstract generation in progress

According to the latest statistics from the Coinglass on-chain data platform, the cryptocurrency trading market experienced a period of intense volatility over the past 24 hours. During this market movement, short-seller investors suffered particularly severe losses, with liquidations affecting over 67,000 traders.

Excessive Short Pressure and Record High Liquidation Volume

Data shows that a total of 67,749 traders were liquidated across the entire network in the past 24 hours, with total liquidation amounting to $66.62 million. Notably, short liquidations accounted for $40.20 million, over 60% of the total, far exceeding the $26.42 million in long liquidations. This indicates that bearish traders bore significantly larger losses during this market move, reflecting increasing pressure on short positions.

Imbalance Between Bulls and Bears Worsens, Single Liquidation Records Keep Breaking

Among numerous liquidation events, the most notable was a large liquidation on the Hyperliquid trading platform for the ORCL-USD trading pair. The liquidation value reached $893,600, setting the largest single liquidation record in this period. The frequent occurrence of such extreme liquidations further demonstrates the severe imbalance between bullish and bearish forces in the current market, with high leverage trading risks remaining elevated.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes