TLDR
Roughly more than $68 million of Bitcoin liquidations occurred in the past 24 hours (UTC), and todays flush skewed long-heavy across the market per major trackers more than $68 million.
- Market-wide leverage reset was about $514 million in 24h, with roughly $376 million longs versus $138 million shorts longs dominated.
- Intraday spikes saw long wipes as high as about $100$170 million during fast swings, consistent with recent leverage flushes intraday long wipes.
Deep Dive
1. BTC Liquidations Snapshot
The best BTC-specific snapshot today shows more than $68 million in liquidations across 24 hours. That figure reflects combined BTC liquidations without an explicit long versus short breakdown in the same source more than $68 million.
- Some sessions reported more than $220 million in long liquidations across crypto during the day, highlighting the bias toward long-side stress as price chopped near $92,000 %%CKPROTECTED0%%.
- When moves accelerate, hour?scale surges have reached about $100$171 million in long wipes, underscoring how quickly leverage can unwind in thin conditions intraday long wipes.
If you need the narrow BTC longs only figure, major trackers sometimes report BTC totals without the split. Todays evidence shows the markets long side bore most of the pain.
2. Longs Dominated Today
Across the entire crypto market, longs took the larger hit today, suggesting positioning had leaned bullish before momentum faded longs dominated.
- About $514 million total liquidations in 24h, with about $376 million longs and $138 million shorts market reset.
- The largest single liquidation was a BTC position of roughly $23.18 million on a major derivatives venue, illustrating BTCs central role in the reset largest BTC liquidation.
Even if BTCs coin?specific long count is not broken out in every source, the days imbalance favors long liquidations, so BTC longs were likely the majority of BTCs liquidations too.
3. Why The Numbers Vary
Liquidation feeds differ by methodology (venue coverage, timing windows), so BTC?only long figures can vary across reports.
- Some reports aggregate all coins and then split long versus short, while BTC?specific feeds often publish coin totals without the same split method differences.
- Intraday spikes can briefly inflate today counts during fast moves, then normalize later in the session intraday long wipes.
Treat today as the past 24 hours in UTC, and cross?check BTC totals against the market?wide long versus short mix to infer BTC long bias.
Conclusion
Todays liquidation picture points to a long?heavy flush, with BTC contributing more than $68 million in liquidations across 24 hours and the broader market showing roughly $376 million in longs versus $138 million in shorts. The takeaway is a leverage reset rather than a single?venue event, and BTC longs likely made up the larger share of BTCs liquidations given the market?wide imbalance.
