Crypto Liquidations Hit $109 Million in One Hour, Led by $74 Million in Ethereum

Crypto liquidations reached $109 million in one hour, with Ethereum accounting for $74 million and Bitcoin contributing $21.6 million. The figures show that Ethereum-related positions represented the largest share of liquidations during the reported one-hour period, while Bitcoin ranked second. Ethereum Leads Liquidation Activity Of the $109 million in total crypto liquidations, $74 million was tied to Ethereum. That represents the majority of the reported liquidation volume during the hour. Bitcoin accounted for $21.6 million, making it the second-largest contributor among the assets identified in the Cointelegraph post. The remaining liquidation amount was associated with other cryptocurrency positions, although the source did not provide a breakdown of those assets. Liquidations occur when leveraged trading positions are automatically closed after traders no longer meet the required margin conditions. The figures cited by Cointelegraph specifically cover a one-hour period and should therefore be viewed as a snapshot of liquidation activity rather than a longer-term measure. $109 Million in Liquidations The combined figure of $109 million includes the reported $74 million in Ethereum liquidations and $21.6 million in Bitcoin liquidations, alongside the remaining amount from other crypto assets. Cointelegraph did not provide additional details in the cited post about the proportion of long and short positions involved in the liquidations. It also did not specify the exchanges where the liquidations occurred. The data therefore identifies the scale of forced position closures during the hour but does not establish the underlying causes of the liquidation activity. Ethereum and Bitcoin Account for Most Reported Losses Ethereum's $74 million liquidation figure was more than three times the $21.6 million recorded for Bitcoin in the same period. Together, the two assets accounted for $95.6 million of the $109 million total. That leaves $13.4 million in liquidations attributable to other cryptocurrencies included in the overall figure. The reported numbers cover only the past hour, meaning the distribution could change as additional liquidation data is recorded. Cointelegraph's post did not provide a longer time frame or a forecast for subsequent liquidation activity. writer: Ethan Collins Crypto Journalist Ethan Collins reports on developments across the cryptocurrency and blockchain sector. His work covers market movements, protocol updates, regulatory changes, and emerging trends in digital assets. He focuses on presenting complex topics in a clear and accessible manner for a broad readership.