Key Highlights
- $333.59 million liquidated across 97,654 traders in the crypto market.
- Bitcoin (BTC) leads with $125 million in liquidations.
- Short traders disproportionately impacted, per Coinglass data.
The crypto market witnessed a surge in liquidations, exceeding $325 million** within 24 hours. Coinglass reports total liquidations at **$333.59 million, with the largest single order ($8.87 million) executed on Binance.
Breakdown of Major Liquidations
Bitcoin (BTC)
Total liquidations: $125.6 million
- Long positions: $12.75 million
- Short positions: $112.14 million
Ethereum (ETH)
Total liquidations: $121.4 million
- Long positions: $18.67 million
- Short positions: $102 million
Solana (SOL)
Total liquidations: $12.30 million
- Long positions: $3.97 million
- Short positions: $8.32 million
Other affected assets include Cardano (ADA), Dogecoin (DOGE), and XRP, reflecting broader market volatility.
Market Context and Trends
Short traders likely misjudged the market’s recovery trajectory. Solana’s recent rebound—from $128 to $160—exemplifies shifting dynamics. Key drivers:
- Ecosystem developments (e.g., Jito token acquisitions).
- Technical indicators suggesting mid-term targets like $161 for SOL.
👉 Explore real-time liquidation data to stay updated.
Emerging Opportunity: Snorter Bot Presale
A Telegram-based trading bot, Snorter Bot, capitalizes on Solana’s meme coin hype.
- Raised: $1.3 million (current price: **$0.0971 per SNORT**).
- Features: Real-time insights, automated trading tools.
Act fast: Presale price increases in 24 hours.
FAQ Section
1. What causes crypto liquidations?
Liquidations occur when traders’ positions are forcibly closed due to insufficient margin, often during high volatility.
2. Why were short traders most affected?
Market recovery invalidated bearish bets, triggering margin calls on leveraged short positions.
3. Is Solana’s price surge sustainable?
While recent gains are notable, long-term stability depends on ecosystem growth and adoption.
4. How does Snorter Bot work?
It integrates with Telegram, offering automated trading and analytics for meme coins like SNORT.
5. Where can I track liquidation data?
👉 Coinglass provides real-time heatmaps.
Final Thoughts
The crypto market remains highly dynamic, with liquidations highlighting the risks of leveraged trading. Traders should monitor BTC, ETH, and SOL for volatility signals, while tools like Snorter Bot offer innovative ways to navigate the space.
Keyword focus: Crypto liquidations, Bitcoin, Ethereum, Solana, Snorter Bot, trading strategies.