In the last 24 hours, 59,244 traders were liquidated on their positions which add up to $200M.
In the context of cryptocurrencies, forced liquidation happens when the investor or trader is unable to fulfill the margin requirements for a leveraged position.
75% of them were long positions, which add up to $150M. The other $50M were in short positions.
The biggest single liquidation happened on a BTC trade with a value of $4.32M.
$104.37M were liquidated on Bitcoin.
$27.2M were liquidated on Ethereum.
$11.19M were liquidated on XRP.
The rest were liquidated on various altcoins.