Crypto Market Experiences $202 Million in Liquidations Over 24 Hours

In the past 24 hours, the cryptocurrency market witnessed liquidations totaling $202 million, according to Coinglass data. ChainCatcher reports that long positions accounted for $49.065 million of the liquidations, while short positions amounted to $153 million. Bitcoin long positions saw liquidations of $8.4413 million, and short positions experienced $19.4846 million in liquidations. Ethereum long positions faced $7.6126 million in liquidations, with short positions reaching $17.5792 million. Additionally, 81,778 traders were liquidated globally during this period. The largest single liquidation occurred on Hyperliquid's SOL-USD pair, valued at $4.6826 million.