USD 679 million in total market liquidations over the past 24 hours; long liquidations dominate

TechFlow, November 5 — According to CoinGlass data, 130,290 traders were liquidated across all markets in the past 24 hours, with total liquidations reaching USD 679 million. Long liquidations accounted for USD 526 million, or 77.5%; short liquidations accounted for USD 153 million, or 22.5%.

By asset, Bitcoin (BTC) liquidations totaled approximately USD 208 million, with long positions accounting for 62.1%; Ethereum (ETH) liquidations totaled approximately USD 91.2518 million, with long positions accounting for 74.9%; Other (other assets) liquidations totaled approximately USD 93.7864 million, with long positions accounting for 85.4%.

The largest single liquidation in the past 24 hours occurred on OKX's BTC-USDT-SWAP trading pair, valued at approximately USD 5.6558 million. Binance accounted for 47.2% of total market liquidations.

Source: TechFlow