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      Network Sees $930 Million in Liquidations in 24 Hours

      In a significant market event, the cryptocurrency network experienced liquidations totaling $930 million within a 24-hour period, impacting over 170,000 traders. Data from Coinglass reveals that the majority of these liquidations were from long positions, amounting to $853 million, while short positions accounted for approximately $76.67 million.

      The wave of liquidations resulted in 174,915 individuals being affected, with the largest single liquidation recorded on the Binance exchange. This particular liquidation involved a BTCUSDT position valued at $12.0347 million. The high volume of liquidations highlights the volatility and risks associated with trading in the cryptocurrency market.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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