Network Liquidations Hit $173M in 24 Hours, Long Positions Account for $107M

Gate News message, April 25 — According to Coinglass data, the crypto market saw $173 million in liquidations over the past 24 hours, with long position liquidations accounting for $107 million and short position liquidations totaling $66.01 million.

Bitcoin long liquidations reached $12.60 million, while BTC short liquidations hit $2.79 million. Ethereum saw $6.29 million in long liquidations and $2.03 million in short liquidations.

Over the same period, 99,955 traders were liquidated across the market. The largest single liquidation occurred on a major CEX at $4.75 million on the BTCUSDT pair.