In the past 24 hours, approximately $143.4 million (about 195.5 billion won) worth of leverage positions were liquidated in the cryptocurrency market.
According to the currently compiled data, long positions accounted for 54.09% of the liquidated positions, while short positions recorded 45.91%.
Over the past 4 hours, Binance had the most position liquidations, with a total of $6.68 million (46.56% of the total) liquidated. Among this, long positions accounted for $3.89 million, or 58.19%.
Bybit was the second-highest exchange for liquidations, with $4.02 million (28.01%) of positions liquidated, of which short positions comprised $2.23 million (55.54%).
OKX saw approximately $1.37 million (9.57%) in liquidations, with long positions at 69.43%.
Notably, on Hyperliquid, there was a significant difference in long and short position liquidations, with short position liquidations overwhelmingly high at 99.03%. BitMEX also showed a very high proportion of short position liquidations at 90.02%.
By coin, Ethereum (ETH) recorded the most liquidations. Approximately $63.96 million in Ethereum positions were liquidated in 24 hours, accounting for a significant portion of total liquidations. Over 4 hours, $2.13 million was liquidated from long positions and $579,390 from short positions.
Bitcoin (BTC) had approximately $35.59 million in positions liquidated over 24 hours, with $261,760 from long positions and $37,420 from short positions over 4 hours.
Solana (SOL) saw about $8.8 million liquidated in 24 hours, and among other major altcoins, Doge (DOGE) recorded substantial liquidations of $8.59 million.
Notably, '1000BONK' experienced $9.5 million in liquidations over 24 hours, ranking fourth highest among major coins.
The recently popular meme coin '100BOI' also saw $9.51 million in liquidations over 24 hours, with $251,520 from long positions and $1.12 million from short positions over 4 hours. The coin's 9% price increase appears to have caused significant losses for short position investors.
The 'FARTCO' Token also saw $1.33 million in liquidations over 24 hours, accompanied by a 2.28% price increase.
In the cryptocurrency market, 'liquidation' refers to the forced closure of a leverage position when a trader fails to meet margin requirements. This liquidation data shows significant volatility in both long and short positions in the recent cryptocurrency market.
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