Crypto Market Sees $232 Million in Liquidations Over 24 Hours

According to Coinglass data, the crypto market recorded $232 million in total liquidations over the past 24 hours, consisting of $150 million in long positions and $82.29 million in short positions. Bitcoin long liquidations reached $22.27 million, while short liquidations were $3.22 million. Ethereum saw $44.27 million in long liquidations and $6.35 million in short liquidations. A total of 110,906 traders were liquidated, with the largest single liquidation occurring on Binance for an ETHUSDT position valued at $4.46 million.