Bullish
Crypto Liquidations Hit $36.5M in 24 Hours, Longs Account for 64% of Total Wipes
21:30
Network-wide liquidations reached $36.5M over the past day, with long positions comprising $23.2M of losses. BTC shorts exceeded longs, while ETH longs faced heavier liquidations.
Woofun AI data shows that total network liquidations amounted to $36,477,800 in the past 24 hours. Long positions accounted for $23,194,900 of these losses, while short positions incurred $13,282,900. Specifically, Bitcoin long positions lost $388,300 compared to $439,200 for shorts, whereas Ethereum longs faced $576,400 in losses against $407,100 for shorts. A total of 46,773 traders were liquidated globally, with the largest single event occurring on Binance's BTCUSDT pair at $252,200.
WOOFUN AI
Impact Assessment · Quick Read
The dominance of long liquidations suggests a recent downward price pressure event that triggered leveraged buy-side capitulation. The fact that BTC shorts were liquidated more heavily than longs indicates potential short-squeezing dynamics or localized volatility on the downside, while ETH longs bore the brunt of the drawdown. This distribution highlights sector-specific leverage risks, particularly for Ethereum long holders during broad market corrections.
Generated by WOOFUN AI · For reference only, not investment advice
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