Key Takeaways
- • Crypto futures liquidations totaled $1.233 billion over a 24-hour period, with long positions accounting for $1.089 billion and short positions for $144 million.
- • Long liquidations represented roughly 88% of the total, indicating that leveraged long positions bore the bulk of forced closures during the period.
- • Bitcoin (BTC) futures led asset-level liquidations at $677 million, followed by Ether (ETH) futures at $191 million.
- • The largest single liquidation order was a BTC-USD position on Hyperliquid valued at $31.091 million.
Summary
Crypto futures markets recorded $1.233 billion in liquidations over a 24-hour period, according to data reported by TokenPost, with long positions accounting for the larger share of forced closures. Long liquidations totaled $1.089 billion, while short liquidations came to $144 million, a skew that points to leveraged long holders absorbing most of the losses as prices moved against them.
Bitcoin futures were the largest contributor, with $677 million in liquidations, the highest asset-specific total in the report. Ether futures followed with $191 million. Together, these two assets made up the bulk of the figures cited for the period.
The largest single liquidation order identified in the data was a BTC-USD position on Hyperliquid, valued at $31.091 million. That order was part of the market-wide total and was smaller than the combined liquidations recorded for either Bitcoin or Ether.
The source data does not detail the price movements or market events that triggered the liquidations, so the drivers of the long-side selloff cannot be confirmed from this report. Institutional allocators tracking derivatives risk may note the concentration of losses in long positions and the scale of the Bitcoin and Ether exposures.
Bitcoin futures were the largest contributor, with $677 million in liquidations, the highest asset-specific total in the report. Ether futures followed with $191 million. Together, these two assets made up the bulk of the figures cited for the period.
The largest single liquidation order identified in the data was a BTC-USD position on Hyperliquid, valued at $31.091 million. That order was part of the market-wide total and was smaller than the combined liquidations recorded for either Bitcoin or Ether.
The source data does not detail the price movements or market events that triggered the liquidations, so the drivers of the long-side selloff cannot be confirmed from this report. Institutional allocators tracking derivatives risk may note the concentration of losses in long positions and the scale of the Bitcoin and Ether exposures.
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