24-hour Futures Liquidations Near $682.15 Million

Son Min

Summary

It was reported that, over the last 24 hours, the position liquidation volume in the perpetual cryptocurrency futures market reached $682.15 million.
Position liquidations of $241.84 million in Bitcoin (BTC) and $222.23 million in Ethereum (ETH) occurred.
On the Binance USDT market, Bitcoin and Ethereum dropped by 2.14% and 1.76% respectively.

Over the past 24 hours, total liquidations in the perpetual cryptocurrency futures market amounted to $682.15 million.

According to CoinGlass data on the 25th (local time), the total amount of futures position liquidations in the cryptocurrency market over the past 24 hours reached $682.15 million. Specifically, long positions saw $521.88 million in liquidations, while short positions registered $160.27 million.

The largest liquidated asset was Bitcoin (BTC), which saw $241.84 million in positions liquidated over 24 hours. Of this, long positions accounted for $222.96 million, and short positions totaled $11.88 million. Ethereum (ETH) ranked second during the same period, with a total liquidation of $222.23 million—$135.37 million from long positions and $86.87 million from short positions.

As of 3:22 PM, on the Binance USDT market, Bitcoin and Ethereum were trading at $112,429 and $4,689 respectively, down 2.14% and 1.76% compared to 24 hours ago.

BTC

ETH