Crypto liquidations total $304M in past 24 hours as longs bear the brunt

AI Market Summary

CoinGlass数据显示过去24小时加密市场清算约3.04亿美元，其中多头清算2.46亿美元、显著高于空头，反映杠杆多头集中去风险与风险偏好降温。BTC与ETH清算额居前，表明主流资产的衍生品仓位被动减仓可能加剧短期波动，并压制市场情绪与流动性。

Impact level

● Medium

Affected assets

BTC/USDT-1.30%

AI Insight · BTC/USDTAI Insight

▼ Bearish

Trade now

⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.

Cryptocurrency derivatives liquidations hit $304 million over the past 24 hours, according to CoinGlass. Long positions accounted for $246 million of the total, while short liquidations came to $57.62 million, impacting 89,384 traders. By asset, BTC saw about $88.96 million in liquidations and ETH roughly $65.12 million. XRP liquidations reached approximately $23.06 million, SOL about $10.33 million, and ZEC around $9.02 million. Liquidations across other tokens totaled roughly $30.09 million.

Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.

Risk Warning

Cryptocurrencies and their derivatives are innovative financial products with great volatility and high investment risks.

Although BingX is committed to providing users with easy-to-use trading tools, trading itself is still a highly sophisticated field. Trading digital assets and their derivatives are subject to high market risk and price volatility and may result in partial or total loss of account funds. You must carefully consider and exercise clear judgment to evaluate your financial situation and the aforementioned risks before using BingX Services. You shall be responsible for all losses arising therefrom. If necessary, please consult relevant professionals to make informed decisions before investing. By accessing, downloading, using or clicking on "I agree" to accept any BingX Services provided by BingX, you agree that you have read, understood and accepted all of the terms and conditions stipulated in BingX Terms of Use as well as our Privacy Policy.

Trading by copying or replicating the trades of other traders involves a high level of risks, even when copying or replicating the top-performing traders. Past performance of a BingX community member is not a reliable indicator of his future performance. Content on BingX's trading platform is generated by members of its community and does not contain advice or recommendations by or on behalf of BingX.