In the past 24 hours, the cryptocurrency market witnessed liquidations totaling $110 million, according to Coinglass data. ChainCatcher reports that long positions accounted for $49.26 million, while short positions saw liquidations of $61.22 million. Bitcoin long positions experienced liquidations of $8.48 million, and short positions saw $6.71 million in liquidations. Ethereum long positions faced $10.86 million in liquidations, with short positions at $4.52 million.
Additionally, 99,559 traders were liquidated globally during this period. The largest single liquidation occurred on OKX's ETH-USDT-SWAP, valued at $1.14 million.