A total of $182 million in liquidations occurred across the entire market in the past 24 hours.

OnchainSniper · 2026-02-27T01:05:31+00:00

The total liquidation in the market reached $182 million, indicating high volatility in digital assets. Bitcoin faced significant liquidation, while Ethereum experienced a balanced impact on long and short positions. Overall, short positions dominated with a liquidation of $109 million against $72.5 million for longs, affecting over 80,600 traders.

OnchainSniper

2026-02-27 01:05:31

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The overall market liquidation volume over the past 24 hours has reached $182 million, according to ChainCatcher’s data, indicating significant volatility in the digital asset market. This large-scale liquidation event serves as an important indicator of traders adjusting their positions.

Bitcoin and Ethereum Liquidation Trends

Referring to Coinglass data, Bitcoin faced the largest liquidation pressure during this period. Bitcoin long positions were liquidated for $24.5 million, while short positions were liquidated for $45.3 million, showing that short positions suffered greater losses.

Meanwhile, Ethereum’s liquidation status shows nearly balanced figures, with $17.5 million in long position liquidations and $18.1 million in short position liquidations, indicating that both sides were affected equally.

Short-Position-Driven Selling Pressure

Analyzing position data, overall, short position liquidations amounted to $109 million, while long position liquidations were $72.5 million. This clearly indicates that market-wide selling pressure driven by short covering is dominant.

Detailed Market Liquidation Data in the Past 24 Hours

In terms of scale, over the past 24 hours, 80,609 traders worldwide have been liquidated, impacting a broad range of market participants. Notably, a single liquidation of $2.03 million occurred on the BTCUSDT pair in the Bybit spot trading market, representing the largest event in the overall liquidation trend.

Such large-scale liquidations reflect increased market volatility, and close attention is needed for future price movements.

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