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Over $210M of liquidations in the past 24 hours, takes Bitcoin above $24.5K

Amongst the $210 million in liquidations, $187M of that came from short liquidations in the past 24 hours.

James Van Straten
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James Van Straten
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Quick Take

  • The past 24 hours saw $211 million in total liquidations.
  • This resulted in $187 million of short liquidations — equating to roughly 87% of all liquidations.
  • This was the highest amount of short liquidations since Jan. 25.
  • Bitcoin specifically saw $88 million of liquidations in the past 24 hours.
  • As a result of the liquidations, Bitcoin soared to $24,700 — an 11% increase in the past 24 hours.
Total Liquidations: (source: Coinglass)
Total Liquidations: (source: Coinglass)
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James Van Straten
James Van Straten
Former Lead Analyst CryptoSlate

James fervently appreciates data, technology, and trend-spotting. As a tech and liberty maximalist, he hails Bitcoin as the 21st century's paramount invention.

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Bitcoin BTC (24h)
$78,310.45 +0.81%
Market Cap $1.57T
24H Volume $36.5B