Crypto Market Liquidations Hit $168 Million in 24 Hours

According to Coinglass data, total liquidations across the crypto market reached $168 million over the past 24 hours, with $66.96 million in long positions and $101 million in short positions liquidated. Bitcoin liquidations included $18.71 million in longs and $34.25 million in shorts, while Ethereum saw $9.93 million in long liquidations and $26.59 million in short liquidations. A total of 62,280 traders were liquidated, with the largest single liquidation occurring on Binance in an ETHUSDT position valued at $4.93 million.