Crypto Market Sees $194 Million in Liquidations Over 24 Hours

Over the past 24 hours, the crypto market recorded $194 million in total liquidations, consisting of $115 million in long positions and $78.64 million in short positions. Bitcoin liquidations totaled $16.27 million for longs and $27.97 million for shorts, while Ethereum saw $20.18 million in long liquidations and $14.97 million in short liquidations. A total of 75,693 traders were liquidated, with the largest single liquidation occurring on the BTCUSDT pair, valued at $3.14 million.