Market-wide liquidations reached USD 194 million in the past 24 hours, mainly short liquidations.

According to TechFlow, on October 28, CoinGlass data showed that in the past 24 hours, 63,136 traders were liquidated across all markets, with total liquidations reaching USD 194 million. Long liquidations accounted for USD 56.8527 million, or 29.3%; short liquidations accounted for USD 137 million, or 70.7%.

By asset, Bitcoin (BTC) liquidations totaled about USD 60.9006 million, with shorts accounting for 81.5%; Ethereum (ETH) liquidations totaled about USD 46.1188 million, with shorts accounting for 75.9%; Other (other assets) liquidations totaled about USD 17.6088 million, with longs accounting for 54.5%.

The largest single liquidation in the past 24 hours occurred on the ETHUSDT trading pair on Binance, a short position worth about USD 9.3927 million, with a liquidation price of USD 2,348.18. Binance accounted for 41.5% of total liquidations across all markets.

Source: TechFlow