Crypto Market Liquidations Reach $287 Million in 24 Hours

Data from Coinglass shows that total liquidations across the crypto market reached $287 million over the past 24 hours, with $163 million in long positions and $124 million in short positions liquidated. Bitcoin long liquidations totaled $31.63 million, while short liquidations reached $19.90 million. Ethereum saw $38.91 million in long liquidations and $17.51 million in short liquidations. A total of 106,212 traders were liquidated, with the largest single liquidation occurring on Bybit involving an AKEUSDT position valued at $4.74 million.