Crypto Market Sees $477 Million in Liquidations Over 24 Hours

According to CoinGlass data, the cryptocurrency market recorded $477 million in total liquidations over the past 24 hours, with long positions accounting for $363 million and short positions for $114 million. Bitcoin (BTC) liquidations totaled $144 million, while Ethereum (ETH) liquidations reached $136 million. The largest single liquidation occurred on Binance (Binance) for the BTCUSDT pair, valued at $22.53 million.