Crypto Market Liquidations Hit $445 Million in 24 Hours, Short Positions Dominate

According to CoinGlass data, the cryptocurrency market saw $445 million in total liquidations over the past 24 hours, with short positions accounting for $357 million and long positions for $87.48 million. A total of 111,323 traders were liquidated. Major liquidations included BTC at $174 million, ETH at $81.8 million, SOL at $15.38 million, XRP at $9.62 million, ZEC at $8.95 million, and HYPE at $3.29 million. The largest single liquidation occurred on Binance for the BTCUSDT pair, valued at $5.26 million.