27-4-2025 – Ethereum led the latest wave of cryptocurrency liquidations, with positions worth £28.9123 million being cleared, according to fresh data from Coinglass.
The 24-hour market turbulence triggered a sweeping clear-out across trading positions, with bullish traders particularly affected as long positions representing $82.097 million were forced to close. Bears fared marginally better, though short positions worth $57.8692 million were also wiped out.
Bitcoin, typically the market’s bellwether, surprisingly witnessed more modest liquidations of $17.4803 million, suggesting a potential shift in trading dynamics. The total market purge reached $140 million, highlighting the ongoing volatility in digital asset trading.
