Crypto Market Liquidations Reach $135 Million in 24 Hours

Data from Coinglass indicates that total crypto market liquidations hit $135 million in the last 24 hours, with $56.55 million in long positions and $78.73 million in short positions liquidated. Bitcoin liquidations totaled $20.91 million for longs and $7.44 million for shorts, while Ethereum saw $4.99 million in long and $4.90 million in short liquidations. A total of 60,331 traders were liquidated, with the largest single liquidation occurring on Binance in the BTCUSDT pair, valued at $4.43 million.