Crypto Market Sees $1.03 Billion Liquidations in 24 Hours

Data from Coinglass shows that $1.03 billion was liquidated across the crypto market in the last 24 hours, with $190 million in long positions and $840 million in short positions wiped out. Bitcoin liquidations totaled $73.38 million for longs and $536 million for shorts, while Ethereum saw $37.54 million in long liquidations and $145 million in short liquidations. A total of 135,394 traders were liquidated, with the largest single liquidation occurring on Hyperliquid for a BTC-USD position valued at $20.86 million.