• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Wednesday, May 14, 2025
  • Login
  • Register
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home Crypto

Over $1 billion longs were liquidated in past 24 hours

by Reshab Agarwal
May 11, 2022
in Crypto, News
Reading Time: 2 mins read
0
Over $1 billion longs were liquidated in past 24 hours
TwitterWhatsappLinkedin

It’s been a while since we have seen such a significant correction in the crypto markets. The bloodbath that happened yesterday affected the bulls quite drastically. In the past 24 hours, Over $1 billion longs were liquidated, reports Coinglass. This is huge, and the liquidations continue to increase as time passes. Coinglass also reports that around 286k traders were liquidated, while the largest one was worth $6.3 million on Bitmex – XBTUSD.

You might also like

HJB Miner received 100 million dollars in strategic financing to bring better experience to users.

U.S.-Saudi business lunch attended by Elon Musk, Sam Altman, and Top U.S. CEOs

DHL to Lay Off Over 360 Workers as Major California Warehouse Shuts Down Amid Industry Upheaval

Top 3 coin wise liquidations

Over $1 billion longs were liquidated in past 24 hours
Image Source: Coinglass

Bitcoin and Ethereum are obviously the top 2 coins whose longs were liquidated in the crash. However, the third position is held by Luna, which generally holds its grounds in a bear market. In the last correction, we didn’t see any significant crash in Luna, but this time the UST depegging messed things up for the coin.

For Bitcoin, the total liquidation in the last 24 hours stands at $353.19 million with 10.93k Bitcoin. For Ethereum, $322.97 million with 133.60k coins were liquidated. At the same time, $91.29 million in Luna longs were liquidated, which was roughly 2.69 million tokens.

SOLANA, APE, XRP, NEAR, and DOT are some other coins that were in the top 10 list of the 24 hours liquidations.

Exchange wise liquidations

Over $1 billion longs were liquidated in past 24 hours
Image Source: Coinglass

In terms of exchanges, the top 3 ones that saw the most liquidations in the past 24 hours are Okex, Binance, and FTX. Okex recorded $311.93 million in the liquidation, of which $256.62 million were longs and $55.32 million were shorts. Binance saw $264.40 million in liquidation with $178.46 million in longs and $85.94 million in shorts. And lastly, FTX recorded $177.17 million liquidations with $101.44 million in longs and $75.73 million in shorts.

Other exchanges that were in the top 10 list are Bitmex, Huobi, Bybit, Bitfinex, and more. The exchange that saw the highest percentage of long liquidations was Bitmex, with 94.74%. In contrast, the lowest percentage of longs that were liquidated in exchange was Bybit with 55.99%.

About Coinglass

Coinglass is a cryptocurrency futures trading and information portal where you can find Bitcoin Liquidations, Bitcoin open interest, Grayscale Bitcoin Trust, Bitcoin longs vs. shorts ratio, and actively compare financing rates for cryptocurrency futures. It provides interesting insights that can help investors understand the market sentiment and direction.


Were you one of the $1 billion longs were liquidated that were liquidated in the last 24 hours? Or do you prefer spot investment and forgetting about your investments? Let us know in the comments below. Also, if you found our content informative, do like and share it with your friends.

Also Read: UST loses dollar peg while Luna foundation tries desperately to defend it.

Tags: #Liquidations#longs
Tweet54SendShare15
Previous Post

How to record a phone call on iPhone (may 22 update)

Next Post

Spain’s spy chief was sacked over the Pegasus case

Reshab Agarwal

Reshab is a tech-enthusiast who likes to write about all things crypto. He is a Bitcoin bull and believes in a decentralized future of finance. Follow him on Twitter for more!

Recommended For You

HJB Miner received 100 million dollars in strategic financing to bring better experience to users.

by Techstory
May 14, 2025
0
HJB Miner received 100 million dollars in strategic financing to bring better experience to users.

HJB Miner, a leading decentralized governance infrastructure, announced the completion of a new round of strategic financing of US$100 million. This round of financing will accelerate the adoption...

Read more

U.S.-Saudi business lunch attended by Elon Musk, Sam Altman, and Top U.S. CEOs

by Anochie Esther
May 14, 2025
0
Power lunch

In a moment that blended geopolitical symbolism with corporate ambition, some of the most powerful figures in American business gathered around a lunch table in Riyadh this week,...

Read more

DHL to Lay Off Over 360 Workers as Major California Warehouse Shuts Down Amid Industry Upheaval

by Anochie Esther
May 14, 2025
0
DHL

DHL is preparing to lay off more than 360 employees as it shutters a major warehouse in Ontario. The closure, set to begin this July and complete by...

Read more
Next Post
Spain's spy chief was sacked over the Pegasus case

Spain's spy chief was sacked over the Pegasus case

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook flipkart funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?