$289 Million in Leveraged Crypto Positions Liquidated Over Past 24 Hours

Roughly $289 million in leveraged crypto positions were liquidated over the past 24 hours, underscoring how quickly volatility can cascade through derivatives markets.

The data from CoinGlass shows that long positions dominated market flushes, with about $178.90 million (61.85%) coming from 'long' positions and $110.79 million (38.15%) from 'short' positions.

Binance led exchange-specific liquidations with approximately $7.82 million in the most recent four-hour window, representing about 45% of the total tracked across major venues.