Crypto Market Sees $230 Million in Liquidations Over 24 Hours

According to CoinGlass data, the cryptocurrency market recorded $230 million in total liquidations over the past 24 hours, affecting 79,727 traders. Long positions accounted for $119 million, while short positions totaled $111 million. Major liquidations included Bitcoin ($58.31 million), Ethereum ($36.78 million), Solana ($7.33 million), XRP ($6.11 million), ZEC ($14.42 million), and Dogecoin ($2.23 million). The largest single liquidation occurred on the HTX (火币) exchange for a BTC-USDT pair, valued at $3.95 million.