Data: The total liquidation across the network in the past 24 hours has risen to 19.1 billion USD, setting a new historical record

2025-10-11 08:00:40

ChainCatcher news, according to Coinglass data, the total liquidation across the network in the past 24 hours has risen to $19.141 billion, setting a new historical record. A total of 1,621,284 people have been liquidated globally, with long positions liquidated at $16.686 billion and short positions liquidated at $2.455 billion. The largest single liquidation occurred in the ETH-USDT contract trading pair on the Hyperliquid platform, valued at $203 million.

In terms of cryptocurrencies, Bitcoin saw liquidations of $5.317 billion, Ethereum $4.378 billion, SOL $1.995 billion, HYPE $0.888 billion, and XRP $0.699 billion.

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Column Tracking the "10.11 Flash Crash" in the Cryptocurrency Market and Its Future Impact

Mainstream coins experience massive fluctuations, altcoins trend towards zero, stablecoins decouple, and the total liquidation amount exceeds 19 billion dollars... What is the impact of the largest flash crash in cryptocurrency history?