In the last 24 hours, the network experienced $424 million in liquidations, primarily driven by long positions. This significant figure indicates a notable shift in market dynamics. Liquidations occur when positions are forcibly closed due to insufficient margin, often leading to increased volatility. The majority of these liquidations stemmed from traders holding long positions, which suggests a bearish trend in the market. Such movements can impact overall market sentiment and trading strategies moving forward.
Last updated on October 15th, 2025 at 04:00 pm
