Bullish
Crypto Liquidations Surge 166M in 24h, Longs Hit 96.4M
09:30
Global crypto liquidations reached $166M in 24 hours, with longs comprising 58% of losses. BTC and ETH led the drawdown, impacting nearly 89k traders.
Woofun AI data shows that total network liquidations amounted to $166 million over the past 24 hours. Long positions accounted for $96,426,100 of this total, while short positions faced $69,127,300 in forced closures.
Bitcoin longs incurred $26,805,300 in losses compared to $3,965,000 for shorts. Ethereum longs saw $11,393,800 liquidated versus $3,795,500 for shorts. A total of 88,830 traders were liquidated globally, with the largest single event on Binance involving the SNDKUSDT pair at $2,055,900.
WOOFUN AI
Impact Assessment · Quick Read
The dominance of long liquidations suggests a sharp downward price move triggered leveraged buy-side capitulation. With BTC and ETH leading the losses, market sentiment appears heavily skewed toward risk-off behavior. The high number of affected traders indicates widespread leverage exposure, which may lead to continued volatility as positions are forcibly unwound.
Generated by WOOFUN AI · For reference only, not investment advice
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