Which assets led liquidations Monday?

TLDR

Bitcoin (BTC) and Ethereum (ETH) led Mondays liquidations.

1. Bitcoin saw about $185 million liquidated per an Asia market open update.
2. Ethereum recorded roughly $167 million in liquidations per a market recap.
3. Total crypto liquidations were roughly $600$780 million, mostly longs, per a Coinglass-based summary.

Deep Dive

1. Bitcoin Led

Bitcoin was the largest contributor to liquidations as prices broke lower into early Asia hours, with around $185 million in BTC positions wiped out in 24 hours per Coinglass data cited in an Asia market open update.

• Some outlets reported higher figures depending on window definitions, with BTC liquidations cited as ~$311 million in another daily recap.
• Differences usually reflect varying 24-hour cutoffs and exchange coverage across trackers.

2. Ethereum Close Second

ETH ranked second by liquidations, with ~$167 million noted across exchanges per a market recap.

• A parallel read showed ~$154 million in ETH liquidations within the same broad window per an Asia market update.
• The largest single liquidation Monday was an ETH-USDC order on Binance, per a CoinDesk markets note.

3. Altcoins And Totals

Totals varied by source but cluster in the $600$780 million range for the 24-hour window, with longs the majority per the Asia market open update and a market recap.

• Solana (SOL) was the next notable, with roughly $26 million in liquidations within a four-hour burst, per a derivatives snapshot.
• Binance, Hyperliquid, and Bybit each saw over $160 million in liquidations, with longs comprising almost 90% per a CoinDesk summary.

Conclusion

BTC and ETH drove Mondays liquidation wave, with BTC first through support and ETH following as long positions unwound. Totals sit in a broad range due to tracker windows, but all credible reads agree the majority were long liquidations, concentrated across major venues.