USD 1.652 billion in market-wide liquidations over the past 24 hours; mostly long positions

深潮 TechFlow news, Oct. 30: According to CoinGlass data, 253,493 traders were liquidated across the market in the past 24 hours, with total liquidations reaching USD 1.652 billion. Long liquidations totaled USD 1.426 billion, accounting for 86.3%; short liquidations totaled USD 226 million, accounting for 13.7%.

By asset, Bitcoin (BTC) liquidations were about USD 550 million, with long positions accounting for 83.9%; Ethereum (ETH) liquidations were about USD 359 million, with long positions accounting for 86.8%; Other (other coins) liquidations were about USD 197 million.

The largest single liquidation in the past 24 hours occurred on the BTCUSDT trading pair on Binance, with a value of approximately USD 11.0867 million. Binance accounted for 49.8% of total market-wide liquidations.

Source: 深潮 TechFlow