Crypto Market Liquidations Total $446 Million in 24 Hours

The crypto market saw $446 million in total liquidations over the past 24 hours, with $352 million in long positions and $93.94 million in short positions wiped out. Bitcoin liquidations accounted for $111 million in longs and $9.37 million in shorts, while Ethereum saw $74.01 million in long liquidations and $14.72 million in shorts. A total of 93,727 traders were liquidated, with the largest single liquidation occurring on Bitget for an ETHUSDT perpetual contract valued at $22.63 million.