Back to Markets
Crypto▲ Bullish
Crypto Shorts Account for 74% of $18.38M Liquidations in Four Hours
CoinGlass: $18.38M liquidated over four hours, with shorts at 74%. Binance accounted for half. Aster and Hyperliquid showed extreme short-side positioning at 96%.
Continue with
Roughly $18.38 million in leveraged crypto positions were closed via liquidation over a four-hour window, with short sellers bearing 74% of the losses, according to data from CoinGlass.
Short liquidations reached $13.67 million, compared with $4.72 million for long positions. The split points to forced covering by bearish traders as prices bounced, a dynamic consistent with a short squeeze in derivatives-heavy markets.
Binance handled the largest share, at $9.10 million or 49.5% of the total. Of that, $6.48 million came from shorts. Bybit followed with $2.21 million in liquidations, 76.93% of them shorts. Gate posted about $2.03 million, and OKX about $1.95 million. In both cases short liquidations outpaced longs.
Two venues stood out for extreme positioning. CoinGlass data showed Aster and Hyperliquid each logging short liquidation ratios near 96% – roughly $1.02 million and $870,000, respectively, overwhelmingly from bearish positions. By contrast, HTX and CoinEx reported higher shares of long liquidations, meaning the squeeze hit some exchanges harder than others depending on client mix.