TokenPost.ai
Crypto derivatives traders saw a fresh wave of forced position closures over the past 24 hours, with total liquidations reaching roughly $114.53 million, underscoring how quickly sentiment is flipping as major tokens and high-beta altcoins swing through a choppy range.
Aggregated liquidation data showed long positions accounted for about $53.73 million, while short positions came in slightly higher at around $60.80 million—giving shorts a narrow 53.1% share of the total. The tilt suggests that while parts of the market have been digesting a recent pullback, a series of short-lived rebounds was strong enough to trigger meaningful 'short-covering' losses alongside the usual shakeout of over-levered longs.
In the most recent four-hour window, liquidations totaled approximately $15.10 million. Binance led by a wide margin with about $7.64 million (50.58% of the total), and shorts comprised $4.55 million of that figure (59.57%), pointing to traders being caught leaning bearish into a bounce. Bybit recorded roughly $2.20 million (14.59%), followed by OKX at $1.72 million (11.38%) and Bitget at $1.39 million (9.22%).
Some venues reflected sharper directional imbalances. Hyperliquid saw about $0.85 million in liquidations, with shorts making up 94.29%, consistent with a quick upswing that forced bearish traders out. Aster and CoinEx, meanwhile, showed higher long-liquidation shares—67.78% and 75.29%, respectively—highlighting how positioning can diverge materially by exchange depending on user base and product mix.
By asset, Bitcoin (BTC) posted one of the largest liquidation totals among major cryptocurrencies. BTC traded around $88,662.10, up 0.1% on the day, while 24-hour liquidations totaled roughly $13.47 million—about $8.17 million in longs and $5.30 million in shorts. On the one-hour view, short liquidations (around $151,100) far exceeded long liquidations (about $17,340), suggesting a surprise move higher caught near-term bearish bets offside.
Ethereum (ETH) changed hands near $3,345.20, down 1.1% over 24 hours. ETH liquidations remained elevated at roughly $13.25 million, split between $4.94 million in longs and $8.31 million in shorts. The fact that BTC and ETH both sat near the top of the liquidation leaderboard indicates that volatility is not confined to fringe tokens; it is also widening in the market’s core 'benchmark' assets.