Crypto Liquidations Hit $151M in 24h, Longs Account for 65% of Total Wipeouts

Global liquidations reached $151M with longs comprising 65%, led by Bitcoin and Ethereum. Over 60k traders cleared, including a $3M Binance BTCUSDT event.

Woofun AI data shows that total network liquidations amounted to $151 million over the past 24 hours. Long positions accounted for $97.6105 million of the total, while short positions totaled $53.6347 million.

Bitcoin longs represented $29.9057 million, followed by Bitcoin shorts at $10.6989 million. Ethereum longs reached $20.705 million, and Ethereum shorts hit $17.694 million. A total of 60,431 traders were liquidated globally, with the largest single event being a $3.043 million BTCUSDT position on Binance.