Crypto Market Sees $294 Million in Liquidations Over 24 Hours

Data from CoinGlass shows that $294 million in crypto positions were liquidated over the past 24 hours, with short positions accounting for $229 million and long positions for $65.54 million. Bitcoin liquidations totaled $60.04 million, while Ethereum liquidations reached $76.83 million. The largest single liquidation occurred on Binance for an ETHUSDT position valued at $4.37 million.