18-7-2025 – Cryptocurrency markets experienced $522 million in liquidations over the past 24 hours, with short positions bearing the brunt of losses as prices moved higher, according to Coinglass data.
Short sellers accounted for $300 million of the total liquidations, significantly outpacing the $222 million in long position losses. The outsized short liquidations suggest traders betting against crypto prices were caught off guard by upward momentum across major digital assets.
Ethereum dominated the liquidation activity with $211 million in forced closures, representing roughly 40% of all liquidations. Bitcoin followed with $65.7 million in liquidations, a relatively smaller portion given its status as the largest cryptocurrency by market capitalization.
