$197 million liquidated across crypto market in 24 hours

Coinglass data shows $197 million in total liquidations over the past 24 hours, consisting of $133 million in long positions and $64.75 million in short positions. Bitcoin liquidations totaled $41.11 million for longs and $6.49 million for shorts, while Ethereum saw $18.48 million in long liquidations and $11.36 million in short liquidations. A total of 75,773 traders were liquidated, with the largest single liquidation occurring on Hyperliquid for a BTC-USD position valued at $1.81 million.