Over $314 Million Liquidated in 24 Hours… Ethereum Long Positions Hit Hardest

Heecheol Yang

Summary

It was reported that positions worth $314 million were forcibly liquidated in the cryptocurrency market over the past 24 hours.
Among these, the liquidation of long positions amounted to $221 million.
In particular, Ethereum's long positions recorded the largest liquidation amount at $107 million.

In the cryptocurrency market, positions worth approximately $314 million (USD) were forcibly liquidated.

According to Binance News on the 12th (local time), based on Coinglass data, a total of $314 million worth of positions were liquidated over the past 24 hours, with liquidations of long positions reaching $221 million.

By coin, it was found that long positions worth $107 million in Ethereum, $52.22 million in Bitcoin, $12.38 million in Solana, and $10.62 million in Dogecoin were each liquidated.