Ethereum (ETH) Tops 24-Hour Liquidations as Global Total Reaches $522M, Largest $6.09M on Hyperliquid (ETH-USD)

On October 29, COINOTAG News reported that over a 12-hour window, total crypto liquidations reached $376 million, with $279 million in long positions and $97.5409 million in shorts.

Over the last 24 hours, roughly 140,507 traders were liquidated globally, totaling around $522 million in liquidations, highlighting persistent volatility across leveraged markets.

The session’s marquee event was a single unwind on the Hyperliquid venue for the ETH-USD pair, amounting to $6.0892 million in liquidation.

These figures underscore the need for risk management discipline and prudent position sizing as crypto markets navigate ongoing liquidity shifts and evolving trader sentiment.