Crypto Market Sees $226 Million Liquidations in 24 Hours

According to Coinglass data, the crypto market recorded $226 million in total liquidations over the past 24 hours, consisting of $116 million in long positions and $110 million in short positions. Bitcoin liquidations totaled $38.69 million for longs and $30.33 million for shorts, while Ethereum saw $22.38 million in long liquidations and $24.23 million in short liquidations. A total of 76,681 traders were liquidated, with the largest single liquidation occurring on Binance for a BTCUSDT position valued at $2.96 million.