Crypto Liquidations Reach $189.1 Million as Long Positions Lead

Crypto markets recorded $189.1 million in forced position closures over 24 hours through 7:01 p.m. ET Monday, with long positions accounting for 63% of the total across Binance, OKX and Bybit. Long positions accounted for $119.1 million, compared with $70.1 million for shorts. The period included 46,359 liquidation orders. A liquidation is the forced closing of a trading position. Binance had the largest exchange tally at $119.1 million. OKX recorded $52.2 million, while Bybit had $17.9 million. Ether (ETH) led the asset breakdown with $53.9 million in liquidations, including $36.8 million from longs and $17.1 million from shorts.