Crypto exchanges Binance, Bybit and OKX saw $221 million in liquidations over 24 hours, while a Monday snapshot showed Bitcoin (BTC) rising even as overall crypto market value fell.
Of the liquidated positions, $133.9 million were longs and $87.1 million were shorts. Long positions generally benefit when prices rise; short positions benefit when they fall.
At 1:09 a.m. ET (05:09 UTC) Monday, Bitcoin stood at $82,650, up 1.06%. Total crypto market capitalization was $2.77 trillion, down 2.59% over 24 hours, with trading volume of $62.27 billion.
The five other major assets in the price comparison also rose. Ether (ETH) was up 0.48% at $2,426, and Dogecoin (DOGE) gained 0.25% to $0.0795. BNB advanced 1.07% to $728.07, XRP climbed 1.24% to $1.31, and Solana (SOL) added 1.69% to $105.50.
Bitcoin accounted for 60.2% of total crypto market value, while Ether accounted for 10.7%. Among the top 39 cryptocurrencies, Arbitrum (ARB) had the largest gain at 6.27%, and Morpho (MORPHO) had the steepest decline at 1.83%.
An EconoTimes snapshot from Sunday evening put Bitcoin at $80,967 and the overall market at $2.70 trillion. The percentage changes in that reading and Monday's snapshot cover different 24-hour periods.
