Crypto Market Liquidations Reach $178 Million in 24 Hours

According to CoinGlass data, the cryptocurrency market saw $178 million in liquidations over the past 24 hours, affecting 62,475 traders. Long positions accounted for $88.79 million, while short positions totaled $89.42 million. Major liquidations included BTC ($44.63 million), ETH ($37.38 million), ZEC ($16.72 million), SOL ($6.02 million), XRP ($2.96 million), and HYPE ($1.41 million). The largest single liquidation occurred on Binance in the ETHUSDT pair, valued at $3.07 million.