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Over $130 million was liquidated in the crypto market within 24 hours, with Bitcoin liquidation volume being significant.
In the past 24 hours, the crypto market has experienced a significant wave of liquidations. According to on-chain data platform NS3, Bitcoin’s liquidation volume was the most prominent, reaching $30.75 million, accounting for a substantial portion of the total liquidation amount. This round of liquidations involved both long and short positions, with long position liquidations totaling $91.31 million and short position liquidations at $38.85 million, reflecting leverage risk release amid intense market volatility.
In terms of market activity, BTC’s 24-hour trading volume reached $147 million, indicating active participation by traders in a high-volatility environment. This wave of liquidations not only reveals the market’s risk exposure but also demonstrates the level of leverage trading activity in the crypto market. For participants, such data changes are worth continuous monitoring to better understand market dynamics.