Over the past 24 hours, industry-wide liquidations reached $1.52 billion, with long positions primarily liquidated.
On October 30, according to CoinGlass data, a total of 253,493 traders were liquidated market-wide in the past 24 hours, with total liquidations reaching $1.652 billion. Long positions accounted for $1.426 billion, representing 86.3%, while short positions accounted for $226 million, representing 13.7%.
By currency, Bitcoin (BTC) liquidations totaled approximately $550 million, with long positions comprising 83.9%; Ethereum (ETH) liquidations totaled approximately $359 million, with long positions comprising 86.8%; Other (altcoins) liquidations totaled approximately $197 million.
The largest single liquidation over the past 24 hours occurred on the BTCUSDT trading pair on Binance, valued at approximately $11.0867 million. Binance accounted for 49.8% of total market liquidations.