Crypto Derivatives Liquidations Reach $109 Million in 24 Hours

A 24-hour snapshot reported Oct. 25 put crypto derivatives liquidations at about $109 million, with short positions accounting for a larger share than long positions. Short liquidations totaled $63.43 million, compared with $45.50 million in long liquidations. Bitcoin (BTC) liquidations reached $21.76 million, while Ether (ETH) liquidations totaled $29.92 million. The largest single liquidation was valued at $3.01 million on the Binance-ETHUSDT contract. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.