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24-Hour Crypto Tally Puts Short Liquidations at $250 Million

The tally listed $70.48 million in Bitcoin (BTC) short liquidations and $82.93 million in Ether (ETH) short liquidations, both above their long-side totals.

Updated 1 min read
A customer checks a cryptocurrency trading app at a cafe in Seoul. / TokenPost.ai
A customer checks a cryptocurrency trading app at a cafe in Seoul. / TokenPost.ai

The short-side total was about 3.2 times the $77.79 million reported for longs, with a similar pattern in Bitcoin and Ether. The figures track position closures by side; they do not provide a separate dollar total for traders’ losses.

Short positions accounted for $70.48 million of Bitcoin (BTC) liquidations, while long positions accounted for $9.06 million. For Ether (ETH), the short-side value was $82.93 million and the long-side value was $27.10 million. Short positions benefit from falling prices; long positions benefit from rising prices.

A four-hour snapshot from Oct. 20 also showed more short than long liquidations: $140 million versus $15.11 million, respectively, in EconoTimes’ earlier coverage of the reading. That window fell within a separate $267 million 24-hour tally covering 64,522 traders. The largest reported liquidation in the shorter window was $11.96 million on Binance’s BTCUSDT market, a Bitcoin trading pair.

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