Crypto Market Sees $336 Million in Liquidations Over 24 Hours

In the past 24 hours, the cryptocurrency market experienced liquidations totaling $336 million, according to ChainCatcher. Data from Coinglass reveals that long positions accounted for $156 million, while short positions saw $180 million in liquidations. Bitcoin long positions faced liquidations amounting to $59.57 million, whereas Bitcoin short positions were liquidated for $83.58 million. Ethereum long positions saw $40.37 million in liquidations, with Ethereum short positions experiencing $38.55 million in liquidations. During this period, a total of 129,343 traders were liquidated globally. The largest single liquidation occurred on Hyperliquid's BTC-USD pair, valued at $11.86 million.