ETH Sees $15.29M in 1-Hour Liquidations as Global Crypto Liquidations Hit $296M

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According to coinglass data, in the past hour UNI liquidations totaled $2.2325 million, ETH liquidations reached $15.2892 million, while BTC saw $0.7101 million in liquidations. The network-wide total liquidation for the hour was $32.2536 million, split between long liquidations of $18.6000 million and short liquidations of $13.6536 million, reflecting concentrated activity in derivatives markets.

Over the past 24 hours, a verified 129,678 individual liquidations were recorded globally, amounting to a cumulative $296 million. The largest single event occurred on Binanceβ€”an ETHUSDT liquidation of $11.7924 million. These metrics provide concrete, exchange-reported measures of recent leveraged position unwind across the market.

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Source: https://en.coinotag.com/breakingnews/eth-sees-15-29m-in-1-hour-liquidations-as-global-crypto-liquidations-hit-296m/