Past 24 hours saw liquidations of crypto futures contracts across the entire market 216000000 USD, with both long and short positions liquidated
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AT A GLANCE
CoinGlass data shows that over the past 24 hours, crypto futures contracts across the entire market saw liquidations totaling 216000000 USD, with both long and short positions liquidated.
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Past 24 hours saw liquidations of crypto futures contracts across the entire market 216000000 USD, with both long and short positions liquidated
PANews October 5 reported that, according to CoinGlass data, over the past 24 hours, liquidations of crypto futures contracts across the entire market totaled 216000000 USD, of which long-position liquidations amounted to 91757500 USD, while short-position liquidations amounted to 125000000 USD。BTC Total liquidation amount 96115200 USD，ETH Total liquidation amount 29964000 USD. The largest single liquidation occurred on Binance-BTCUSDT, valued at 11851200 USD。
PANews reported that, according to CoinGlass data, over the past 24 hours, liquidations of crypto futures contracts across the entire market totaled 216000000 USD。
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Long-position liquidations amounted to 91757500 USD, while short-position liquidations amounted to 125000000 USD。
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BTC The total liquidation amount was 96115200 USD。
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ETH The total liquidation amount was 29964000 USD。
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The largest single liquidation occurred on Binance-BTCUSDT, valued at 11851200 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
“Liquidation” generally refers to a futures position being forcibly closed when specified conditions are triggered. The source indicates that both long and short positions were liquidated, with the liquidation amount for short positions higher than that for long positions; however, the source does not provide price changes, so these data alone cannot determine whether the market rose or fell.
Why it matters to readers
These figures reflect large-scale position liquidations in the crypto futures market over the past 24 hours and can be used to observe liquidations involving BTC、ETH and Binance-BTCUSDT related futures contracts.
Beginners can view this as a risk reminder for futures trading: both long and short positions can be liquidated. The source does not specify leverage multiples, price trends, or any trading action individuals should take.
Risks and unknowns
The data were reported by PANews citing CoinGlass; the source does not provide a link to CoinGlass’s original data or independent verification materials.
The source does not specify the statistical methodology, the range of platforms covered, or the data update time.
The source does not provide BTC、ETH price trends, so the market direction cannot be determined from this information.
The largest single liquidation is not sufficient to indicate Binance’s overall risk or whether trading was abnormal.
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Derivatives Liquidation
This term is not in the glossary yet. Browse related concepts in the glossary.
