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Crypto liquidations hit $1.24bn in 24 hours, CoinGlass data shows

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CoinGlass data shows $1.24bn of crypto positions were liquidated across exchanges in 24 hours, with 235,344 traders hit. Longs accounted for $1.10bn and shorts $139m; BTC saw about $327m and ETH about $209m, with the largest single liquidation a $10.9m ETHUSDT position on Binance.

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The story so far: Crypto futures liquidations

CoinGlass data has tracked successive waves of crypto futures liquidations, from $379m over 24 hours in late October to $1.67bn and $1.08bn in later sell-offs. The latest 24-hour total is $81.2m, including $54.2m in longs and $27m in shorts, with bitcoin at $9.49m and ether at $10.2m.

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  1. Crypto liquidations hit $1.24bn in 24 hours, CoinGlass data shows

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