Total liquidations across the market over the past 24 hours reached $1.113 billion, driven mainly by long positions.

Shenchao TechFlow reported that on October 30, according to CoinGlass data, a total of 183,902 traders were liquidated across the market over the past 24 hours, with total liquidations reaching $1.113 billion. Among them, long positions accounted for $938 million in liquidations, or 84.3%; short positions accounted for $175 million, or 15.7%.

By asset, Bitcoin (BTC) liquidations were approximately $351 million, with long positions accounting for 84.6%; Ethereum (ETH) liquidations were approximately $253 million, with long positions accounting for 82.7%; Other (other coins) liquidations were approximately $124 million, with long positions accounting for 86.9%.

The largest single liquidation over the past 24 hours occurred on the BTCUSDT trading pair on Binance, valued at approximately $11.0867 million. Binance accounted for 51.1% of total market liquidations.

Source: Shenchao TechFlow