Bullish

Network Liquidations Hit $64.86M in 24 Hours, Longs Exceed Shorts

2026-08-02 00:30:20

Total liquidations reached $64.86M with longs at $35.52M. Bitcoin and Ethereum saw mixed flows. 48,564 traders cleared, led by a $986.5K Binance CLUSDT event.

Woofun AI data shows that total network liquidations amounted to $64.8617 million over the past 24 hours. Long positions accounted for $35.5237 million of the total, while short positions comprised $29.338 million.

Bitcoin longs were liquidated at $1.9162 million versus $2.6017 million for shorts. Ethereum longs totaled $1.8872 million compared to $1.7437 million for shorts. Globally, 48,564 traders faced liquidation, with the largest single event on Binance involving CLUSDT worth $986.5 thousand.

WOOFUN AI

Impact Assessment · Quick Read

The dominance of long liquidations suggests recent price volatility triggered leveraged buy-side capitulation. The significant volume in Bitcoin and Ethereum indicates broad market stress rather than asset-specific issues. The large single liquidation on Binance highlights concentration risk in perpetual futures markets.
Generated by WOOFUN AI · For reference only, not investment advice

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