Bearish trades dominated a roughly $109 million crypto derivatives liquidation tally reported Oct. 25, leaving short positions ahead of long positions over the measured 24-hour period.
Short positions contributed $63.43 million, while long positions accounted for $45.50 million. Together, those figures add to $108.93 million, consistent with the rounded total. The tally measures the value of positions forcibly closed, not verified realized losses. Short trades generally benefit from falling prices, while long trades generally benefit when prices rise.
Ether (ETH) liquidations totaled $29.92 million, compared with $21.76 million for Bitcoin (BTC). Binance’s ETHUSDT contract recorded the largest individual liquidation, valued at $3.01 million.
