Crypto Market Sees $576 Million Liquidated in 24 Hours

According to CoinGlass, the cryptocurrency market recorded $576 million in liquidations over the past 24 hours, affecting 109,805 traders. Long positions accounted for $304 million, while short positions totaled $272 million. Major liquidations included BTC at $223 million, ETH at $139 million, XRP at $19.33 million, and SOL at $17.91 million. The largest single liquidation occurred on Binance in the BTC/USDT pair, valued at $23.17 million.