In the past 24 hours, liquidations across the entire network totaled $532 million, with short positions suffering the most severe losses

According to Coinglass data, over the past 24 hours, the cryptocurrency market saw large-scale liquidations, with total liquidations across the entire network reaching $532 million.

In these liquidation contracts, short-position liquidations accounted for the main share, reaching $428 million, while long-position liquidations were $104 million, showing that the market’s sharp volatility dealt a greater blow to short sellers.

From the perspective of specific coins, Bitcoin and Ethereum—both leading market assets—drew particular attention regarding their liquidation situations. Among them, Bitcoin short-position liquidations totaled up to $218 million, far exceeding long-position liquidations of $11.225 million;

Ethereum also showed a similar trend: short-position liquidations reached $115 million, while long-position liquidations were $20.9753 million. This data distribution reflects that, under the current market environment, the liquidation risk faced by short traders is significantly higher than that faced by long traders.

Data statistics show that in the past 24 hours, a total of 179,086 traders worldwide were liquidated, which fully demonstrates the widespread impact of market volatility on investors.

Among these liquidation cases, the largest single liquidation occurred on the Aster-BTCUSDT trading pair, valued at $12,407.72 million. Such an enormous single liquidation further highlights the massive risk of high-leverage trading under extreme market conditions.

Overall, this large-scale liquidation event also serves as a reminder to investors that, while participating in leveraged trading, they should place more emphasis on risk control, set reasonable stop-loss levels, and avoid suffering major losses due to misjudgments of extreme, one-sided market moves in a short period of time.

#加密货币 # liquidation data