Cryptocurrency liquidations have seen a significant increase over the past day, with Ethereum (ETH) leading the charts.

According to data, the total crypto liquidations surged by 78.8% in the past 24 hours, surpassing the $75 million mark. In the same period, the total cryptocurrency open interest recorded a 0.35% decline, currently hovering at $66 million.

On June 16, the number of crypto liquidations plunged by 80%, dropping to $42.4 million in just one day, as the broader market was consolidating with a total market capitalization of $2.54 trillion.

Recent Liquidation Data

Here’s the latest data:

  • $43.9 million worth of long positions have been liquidated.
  • $31.6 million worth of short positions were liquidated.
  • Ethereum dominates with over $19 million in liquidations — $5.6 million longs and $13.5 million shorts.
  • Bitcoin (BTC) liquidations reach $8.2 million — $4.15 million longs and $4.09 million in shorts.

Exchange-Specific Liquidations

Binance is leading the scene with $38.7 million in liquidations, with longs accounting for 57.6% of this tally. OKX saw $23 million in liquidations, holding a 30% share of the market.

The increased liquidations come as the global crypto market capitalization records a 0.4% decline in the past 24 hours, falling from $2.549 trillion to $2.536 trillion.

Bitcoin has been consolidating around the $66,000 mark over the past three days, while Ethereum hovers around the $3,550 mark in the same timeframe.

For more updates and in-depth analysis on the latest trends in cryptocurrencies and finance, stay tuned to Global Crypto News.

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