How many longs were liquidated today?

TLDR

About $558 million of long positions were liquidated over the last 24 hours, based on Coinglass figures cited in a market update. This is a rolling 24-hour estimate, not a strict calendar day count. report

1. Total crypto liquidations were nearly $650 million over the same 24 hours. detail
2. Another tracker snapshot showed about $584 million total, with more than 87 percent from longs. context

Deep Dive

1. Size Of Long Flush

The latest 24-hour snapshots show a large long-side wipeout in derivatives, with longs bearing most losses.

1. One report cites nearly $650 million liquidated in total and about $558 million from long positions. market update
2. A separate read shows roughly $584 million total liquidations, with over 87 percent from longs, reinforcing a long-heavy reset. coverage

Numbers vary because trackers use rolling 24-hour windows and different exchange coverage, so today can differ from midnight to now in UTC.

2. Why Longs Took The Hit

The downturn appears positioning driven rather than headline driven, with crowded long exposure meeting thin liquidity.

1. Reporting notes the move lacked a major catalyst and that more than 87 percent of losses were from longs, pointing to crowded bullish positioning and a leverage reset. analysis
2. Related market recaps highlight cascading liquidations across majors during price dips, consistent with a leverage flush rather than fundamental deterioration. market update

Conclusion

On todays setup, the market saw roughly half a billion dollars in long liquidations in the past 24 hours, with totals near $650 million across both sides. That skew to longs suggests a positioning-driven shakeout rather than a new bearish narrative, but near-term volatility can persist until leverage cools and spot demand stabilizes.