In the past 24 hours, cryptocurrency market contract liquidations 109000000 USD, with both longs and shorts liquidated
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AT A GLANCE
CoinGlass data show that, in the past 24 hours, total liquidations of contracts across the network 109000000 USD, with short liquidations exceeding long liquidations.
Article
In the past 24 hours, total liquidations of contracts across the network 109000000 USD, with both longs and shorts liquidated
PANews October 25 reported that CoinGlass data show that, in the past 24 hours, total liquidations of contracts across the cryptocurrency market 109000000 USD, including long liquidations of 45504600 USD and short liquidations of 63430900 USD。BTC Total liquidation amount 21755800 USD，ETH Total liquidation amount 29920500 USD. The largest single liquidation occurred on Binance-ETHUSDT, valued at 3009900 USD。
PANews cited CoinGlass data in its October 25 report.
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In the past 24 hours, total liquidations of contracts across the cryptocurrency market 109000000 USD。
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Long liquidations 45504600 USD, and short liquidations 63430900 USD。
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BTC The total liquidation amount was 21755800 USD，ETH The total liquidation amount was 29920500 USD。
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The largest single liquidation occurred on Binance-ETHUSDT, valued at 3009900 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
“Liquidation” refers to the forced closure of a leveraged contract position after losses reach a certain level. The article indicates that both long and short positions were liquidated, with short liquidation amounts higher.
Why it matters to readers
These data reflect the concentrated liquidation of leveraged positions in the contract market over the past 24 hours, but liquidation amounts alone cannot confirm the subsequent price direction.
Beginners may regard this as an indication of short-term market volatility and leverage risk, and should not interpret “both longs and shorts liquidated” directly as a clear buy or sell signal.
Risks and unknowns
The data were provided by CoinGlass as cited by PANews. The evidence does not include the original CoinGlass data page and cannot be independently verified.
The original article does not provide price trends, funding rates, or open interest data, making it impossible to determine the market’s subsequent direction.
The largest single liquidation occurred on Binance-ETHUSDT, which is insufficient to indicate that Binance experienced a system abnormality.
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Derivatives Liquidation
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