Crypto Market Liquidations Reach $308 Million in 24 Hours

According to Coinglass data, the cryptocurrency market saw $308 million in total liquidations over the past 24 hours, with $182 million in long positions and $125 million in short positions liquidated. Bitcoin liquidations totaled approximately $56 million, while Ethereum liquidations reached roughly $50 million. A total of 125,389 traders were liquidated, with the largest single liquidation occurring on Binance in an ETHUSDT position valued at $5.34 million.