Crypto Market Liquidations Reach $531 Million in 24 Hours

According to Coinglass, the crypto market saw $531 million in total liquidations over the past 24 hours, with $83.6 million in long positions and $447 million in short positions liquidated. Bitcoin liquidations accounted for $21.39 million in longs and $245 million in shorts, while Ethereum saw $20.43 million in long and $80.94 million in short liquidations. A total of 96,528 traders were liquidated, with the largest single order occurring on Binance for BTCUSDT, valued at $5.26 million.