Network Liquidations Hit $208M in 24 Hours, Long Positions Account for $109M

Gate News message, April 25 — According to Coinglass data, the crypto market experienced $208 million in total liquidations over the past 24 hours, with long positions accounting for $109 million and short positions accounting for $98.19 million.

Bitcoin saw $15.31 million in long liquidations and $9.61 million in short liquidations, while Ethereum recorded $10.63 million in long liquidations and $6.95 million in short liquidations.

Over the same period, 97,155 traders were liquidated globally. The largest single liquidation occurred on a major CEX's BTC-USDT pair, valued at $4.75 million.