Crypto Market Sees $331 Million in Liquidations Over 24 Hours

According to ChainCatcher, Coinglass data reveals that the crypto market experienced liquidations totaling $331 million in the past 24 hours. Long positions accounted for $205 million, while short positions saw $127 million in liquidations. Bitcoin long positions were liquidated for $67.83 million, and short positions for $56.66 million. Ethereum long positions faced liquidations of $67.39 million, with short positions at $29.30 million. In the same period, 116,749 traders were liquidated globally, with the largest single liquidation occurring on Hyperliquid's BTC-USD pair, valued at $5.25 million.