Crypto Market Records $231 Million in Liquidations Over 24 Hours

Data from CoinGlass indicates that the cryptocurrency market saw $231 million in total contract liquidations over the past 24 hours. Long positions accounted for $120 million, and short positions totaled $111 million. Bitcoin liquidations reached $60.27 million, while Ethereum liquidations totaled $36.86 million. The largest single liquidation event occurred on the HTX (火币) exchange for a BTC-USDT pair, amounting to $3.95 million.