Crypto Market Sees $235 Million in Liquidations Over 24 Hours

According to Coinglass data, the total crypto market liquidations reached $235 million in the past 24 hours, with $83.39 million in long positions and $151 million in short positions liquidated. Bitcoin liquidations totaled $10.79 million for longs and $11.46 million for shorts, while Ethereum saw $18.96 million in long liquidations and $26.99 million in short liquidations. A total of 77,969 traders were liquidated, with the largest single liquidation occurring on Gate for an ETH/USDT position valued at $5.0964 million.