Bitcoin (BTC) fell below $64,000 as crypto liquidations reached $1.93 billion over 24 hours, with closures concentrated among traders betting on higher prices across digital asset markets.
Ether (ETH) also moved below $1,750. Long positions made up $1.8 billion of the 24-hour total, compared with $124 million in short positions. Most forced exits came from positions betting on rising prices, while a smaller amount came from the opposite side of the market.
Binance had about $758 million in liquidations during the period, while Hyperliquid recorded about $543 million. Those totals represented 39.3% and 28.2% of all liquidations, respectively, placing the two platforms at the center of the reported activity.
The largest single liquidation was a $16.17 million ETHUSDT long position on Binance. That closure involved Ether, even as Bitcoin was the asset highlighted by the price move. The 24-hour liquidation figures cover positions across crypto markets, while the price levels identify moves in two individual assets.
Enna Lee
Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to [email protected].
