Crypto market sees $264 million in liquidations over 24 hours

The cryptocurrency market recorded $264 million in liquidations over the past 24 hours, with long positions accounting for $187 million and short positions for $76.67 million. A total of 85,935 traders were liquidated. Major liquidations included Bitcoin ($79.08 million), Ethereum ($44.75 million), Solana ($10.73 million), Zcash ($12.37 million), and HYPE ($5.36 million). The largest single liquidation occurred on Binance in the BTC/USDT pair, totaling $2.96 million.