Crypto market liquidations reach $674 million in 24 hours

According to Coinglass data, the crypto market saw $674 million in total liquidations over the past 24 hours, with $292 million in long positions and $381 million in short positions liquidated. Bitcoin liquidations totaled approximately $183.7 million, while Ethereum liquidations reached $311.7 million. A total of 94,554 traders were liquidated, with the largest single liquidation occurring on Hyperliquid for an ETH-USD position valued at $20.28 million.