Crypto Liquidations Hit $150M in 24h as Shorts Dominate

Total crypto liquidations reached $150M over 24 hours, with shorts accounting for $108M. Bitcoin and Ethereum saw significant deleveraging across both directions.

Woofun AI data shows that total liquidations across the entire network amounted to $150 million in the past 24 hours. Short positions accounted for $108 million of this total, while long positions faced $42.1349 million in forced closures.

Bitcoin longs incurred $4.1868 million in losses, compared to $7.2866 million for shorts. Ethereum longs saw $4.0694 million liquidated, against $5.9556 million for shorts. A total of 93,958 traders were affected globally. The largest single event occurred on the Bitget - TUTUSDT_UMCBL pair, totaling $3.3271 million.