Crypto Market Sees $132 Million Liquidated in 24 Hours

According to Coinglass data, the cryptocurrency market recorded $132 million in liquidations over the past 24 hours. Long positions accounted for $35.14 million, while short positions totaled $96.99 million. Bitcoin liquidations reached $2.67 million for longs and $7.62 million for shorts, while Ethereum saw $2.98 million in long liquidations and $18.39 million in short liquidations. A total of 66,684 traders were liquidated, with the largest single liquidation occurring on Gate for an ETH/USDT position valued at $5.096 million.