Crypto Market Liquidations Hit $399 Million in 24 Hours

According to Coinglass data, the crypto market saw $399 million in total liquidations over the past 24 hours, with $274 million in long positions and $125 million in short positions liquidated. Bitcoin liquidations totaled $95.29 million for longs and $17.26 million for shorts, while Ethereum saw $74.60 million in long liquidations and $31.44 million in short liquidations. A total of 88,639 traders were liquidated, with the largest single liquidation occurring on Binance for a BTCUSDT position valued at $23.17 million.