Crypto Market Sees $311 Million in Liquidations Over 24 Hours

Data from Coinglass shows $311 million in total liquidations over the past 24 hours, with long positions accounting for $251 million and short positions for $59.77 million. Bitcoin long liquidations reached $84.46 million, while Ethereum long liquidations totaled $58.26 million. A total of 82,929 traders were liquidated, with the largest single order occurring on Binance for a BTCUSDT position valued at $11.92 million.