CoinGlass: Over the past 24 hours, crypto futures liquidations totaled 93150000 USD, with both long and short positions incurring losses
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AT A GLANCE
CoinGlass data shows that, over the past 24 hours, liquidations of futures contracts across the entire market totaled 93150200 USD, with both long and short positions liquidated.
Article
Past 24 hours saw liquidations of crypto futures contracts across the entire market 93150200 USD, with both long and short positions liquidated
PANews September 26 reported that, according to CoinGlass data, over the past 24 hours, liquidations of crypto futures contracts across the entire market totaled 93150200 USD, of which long-position liquidations totaled 43293300 USD, while short-position liquidations totaled 49856900 USD。BTC Total liquidation amount 8556900 USD，ETH Total liquidation amount 9406400 USD. The largest single liquidation occurred on Binance-BTCUSDT, valued at 802900 USD。
BTC Total liquidation amount: 8556900 USD，ETH Total liquidation amount: 9406400 USD。
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The largest single liquidation occurred on Binance-BTCUSDT, valued at 802900 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
A futures liquidation occurs when a leveraged trader's position is forcibly closed due to market volatility. In this dataset, both long and short positions were liquidated, indicating that leveraged positions in both directions were affected.
Why it matters to readers
Liquidation amounts can help track short-term market volatility and the scale of leveraged positions being cleared, but this data alone cannot determine the subsequent price direction.
Beginners can view this as an indication of short-term volatility and leverage risk, and should not judge solely from the total liquidation amount whether the market will rise or fall.
Risks and unknowns
The original text did not provide an original CoinGlass data snapshot, and the relevant amounts have not been independently verified.
The original text did not specify the particular platforms and contract scope covered by the statistical methodology.
Both long and short positions were liquidated; the available data is insufficient to determine the market's subsequent direction.
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Related concepts
Derivatives Liquidation
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