$236.14M of crypto assets were liquidated in the previous 24 hours! In which $190.60M were shorts and $45.54M were longs.

Hi everyone,

Today Bitcoin pumped due to the recent good news about the ETF's from BlackRock and other companies. Also the Powell said some good news about stablecoins and their benefits. This led to a lot of liquidations, especially shorts. Bears are not having a good day!

The 1h, 4h, 12h, 24h liquidations data:

https://preview.redd.it/1b4z14wq6f7b1.png?577&format=png&auto=webp&s=e66b17a886bde2e2ee26780311cac20272055966

The stats in the past 24h at the time of writing:

- In the past 24 hours, $236.14M of assets were liquidated.
- Liquidated longs and shorts: $45.54M were longs (19.29%) and $190.60M were shorts (80.71%).
- 63.784 traders were liquidated.
- Top 3 Liquidations: $108.02M of BTC, $48.89M of ETH and $4.34M of PEPE.
- The largest single liquidation order happened on OKX - ETH-USD-SWAP value $2.18M.

Here is a liquidation heatmap from the last 24h:

https://preview.redd.it/quboym968f7b1.png?810&format=png&auto=webp&s=9e20150c43147c86430df75110fcde7b92a38f8e

Here is a liquidation heatmap on CEX from the last 24h:

https://preview.redd.it/xwjhz8xb8f7b1.png?803&format=png&auto=webp&s=b01a2fa6c95a6961be94cf47547cb4a4e4ebbe17

The total liquidations in the last months:

https://preview.redd.it/qb8qlkhi8f7b1.png?1378&format=png&auto=webp&s=cb9ec126a516adbc5689f281c973b7219d7ffbf2

This day is certainly good for many of us, but as you can see a lot of traders/bears got rekkt today.

Thanks for reading!

ChemicalGreek

Source:

1. https://www.coinglass.com/LiquidationData