Crypto Market Liquidations Reach $380 Million in 24 Hours

Data from Coinglass shows that total liquidations across the crypto market hit $380 million over the past 24 hours, with long positions accounting for $308 million and short positions for $71.93 million. Bitcoin long liquidations totaled $119 million, while Ethereum long liquidations reached $72.35 million. A total of 81,561 traders were liquidated, with the largest single liquidation occurring on Binance for an ETHUSDT position valued at $11.66 million.