Bullish
Crypto Liquidations Hit $186M in 24h, Shorts Lead with $107M
19:01
Total crypto liquidations reached $186M over 24 hours, driven by $107M in short positions. Bitcoin and Ethereum accounted for the majority of cleared leverage.
Woofun AI data shows that total liquidations across all markets amounted to approximately $186 million in the past 24 hours. Short positions comprised roughly $107 million of this total, while long positions saw liquidations of about $78.6313 million. Bitcoin accounted for approximately $37.6174 million in cleared positions, and Ethereum represented around $35.1261 million.
WOOFUN AI
Impact Assessment · Quick Read
The dominance of short liquidations suggests a sharp upward price movement triggered forced deleveraging among bearish traders. With Bitcoin and Ethereum comprising the bulk of losses, volatility remains concentrated in major assets. This rapid clearing of shorts may reduce immediate downward pressure, though high leverage turnover indicates continued market sensitivity.
Generated by WOOFUN AI · For reference only, not investment advice
Comments
No comments yet.