Over the past 24 hours, market-wide liquidations reached $827 million, with short positions accounting for the majority.

TechFlow, Nov. 4 — According to CoinGlass data, 112,511 traders were liquidated market-wide over the past 24 hours, with total liquidations reaching $827 million. Long positions accounted for $354 million, or 42.8%; short positions accounted for $473 million, or 57.2%.

By asset, liquidations in Bitcoin (BTC) totaled approximately $326 million, with short positions accounting for 71.4%; liquidations in Ethereum (ETH) totaled approximately $230 million, with short positions accounting for 55.1%; liquidations in Other (other tokens) totaled approximately $59.2539 million, with long positions accounting for 67.7%.

The largest single liquidation over the past 24 hours occurred on the ETH-USDT trading pair at HTX, worth approximately $37.9991 million. Binance accounted for 39.7% of market-wide liquidations.

Source: TechFlow