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Crypto futures liquidations hit $709m in 24 hours, led by longs

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CoinGlass data shows $709m of crypto futures were liquidated across the market in the past 24 hours, including $572m in longs and $137m in shorts. Bitcoin accounted for $179m and ether $131m, with the largest single liquidation a $10.9m Binance ETHUSDT order.

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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 futures liquidations hit $709m in 24 hours, led by longs

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