Crypto market sees $57.43 million in liquidations over 4 hours, led by long positions

According to Coinglass data, the crypto market recorded $57.43 million in liquidations over the past four hours, with long positions accounting for $40.99 million and short positions for $16.44 million. Over the last 24 hours, 137,347 traders were liquidated for a total of $1.059 billion. The largest single liquidation occurred on Hyperliquid for a BTC-USD position valued at $20.86 million.