Crypto Market Liquidations Hit $399 Million in 24 Hours

Data from Coinglass shows that $399 million in positions were liquidated across the crypto market in the last 24 hours, consisting of $276 million in long positions and $123 million in short positions. Bitcoin liquidations totaled $53.91 million for longs and $32.92 million for shorts, while Ethereum saw $73.35 million in long liquidations and $51.47 million in short liquidations. A total of 99,028 traders were liquidated, with the largest single liquidation occurring in an Aster-ETHUSDT trade valued at $6.13 million.