COAI Suffers $29.8M in 24‑Hour Liquidations—Fourth Highest After BTC, ETH and SOL
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Shorts pay
On October 13, COINOTAG cited Coinglass data showing roughly $29.8 million in 24-hour on-chain COAI contract liquidations. Longs comprised approximately $12.16 million while shorts accounted for about $17.64 million, reflecting a short-weighted liquidation profile over the period. This liquidation volume ranks the COAI market only behind BTC, ETH and SOL in terms of contract-level liquidation magnitude, highlighting its notable footprint in the crypto derivatives space. Institutional traders and risk teams should factor these concentrated liquidations into leverage and position-sizing decisions given their potential effect on intraday liquidity and price execution.
