Crypto Liquidations Hit $182M in 24 Hours, Longs Lead at $121M and Shorts at $60.35M (Coinglass Data)

COINOTAG News reports on December 25, citing Coinglass data that the crypto liquidation tally over the past 24 hours reached roughly $182 million. The unwind comprised $121 million in long liquidations and about $60.35 million in short liquidations.

The breakdown shows a pronounced tilt toward long-side liquidations, representing about two-thirds of the total, with shorts accounting for the remaining one-third. This skew highlights evolving dynamics in derivatives risk transfer and margin pressure within crypto markets.

Given the data, traders and risk managers should monitor liquidity conditions and potential margin calls, as the pattern can influence volatility and funding rates across major digital assets.