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How many liquidations today?

Published 343 words 2 min read

TLDR

About $318 million of crypto futures positions were liquidated in the past 24 hours, per Coinglass data cited in a market update. See the figure.

  1. Longs bore most losses, around $265 million vs $53 million in shorts per the same report. Breakdown here.
  2. Totals vary by cutoff. Recent sessions showed $392 million to $437 million on other days. Examples.
  3. Macro catalysts and leverage resets have driven these swings this week. Context.

Deep Dive

1. 24h Total

The most recent 24h read shows roughly $318 million liquidated across crypto derivatives, a commonly cited total from Coinglass. The mix and exact figure can shift depending on the hour you sample. Latest summary.

Other credible snapshots this week reported larger resets around different intraday windows, for example about $392 million and $429 million liquidated during risk-on and pre-Fed chops. Cross-check.

What this means

Treat liquidation totals as approximate. A different today cutoff can move the number by hundreds of millions.

2. Long vs Short Mix

Todays profile shows liquidations skewed to longs, roughly $265 million long vs $53 million short, consistent with a market leaning bullish into macro events. Breakdown.

Recent sessions also flipped the other way when short squeezes hit, with reports noting short-dominated wipeouts on rally days. Illustrative read.

What this means

The side taking the brunt often reflects positioning. Long-heavy wipes hint at over-ethereum/">optimism, while short-heavy wipes follow sharp upside moves.

3. Drivers and Timing

Macro has been the near-term driver. Markets traded around the latest Federal Reserve decision and guidance, with leverage resetting as prices whipsawed. Policy backdrop.

Intraday timing also matters. Some days the big flush comes around macro headlines or liquidity windows, which can push totals up without a broad trend change. Recent examples.

What this means

Liquidation spikes are a signal of leverage clearing, not a standalone trend call. Pair them with price levels, funding, and breadth for context.

Conclusion

Todays liquidation tally is roughly $318 million with losses concentrated in longs. Window-to-window totals vary, and this weeks swings have been tied to macro catalysts and leverage positioning. If you want a precise today in your timezone, say your location and I can pull the current-day total at your local cutoff.

Educational information only. Crypto markets are volatile and this is not financial advice.


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