I noticed today that cryptocurrency liquidations have reached very large numbers - $826 million in the last 24 hours! Interestingly, short positions were affected much more than long positions, with losses reaching $661 million compared to only $166 million for long positions.



According to CoinGlass data, Bitcoin and Ethereum are the most affected - Bitcoin liquidations at $375 million and Ethereum at $184 million. The movement was very sharp, leading to the forced closure of about 194,000 accounts!

The largest individual liquidation was on the BTC-USD pair on Hyperliquid at $15.75 million. These numbers reflect market volatility and pressure on traders with high leverage.
BTC-1.62%
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