Crypto market liquidations reach $300 million in 24 hours

According to Coinglass, the crypto market saw $300 million in total liquidations over the past 24 hours, with $139 million in long positions and $161 million in short positions liquidated. Bitcoin liquidations totaled $33.2 million for longs and $40.81 million for shorts, while Ethereum saw $25.63 million in long liquidations and $23.62 million in short liquidations. A total of 91,222 traders were liquidated, with the largest single liquidation occurring on OKX involving a BTC-USDT-SWAP position valued at $4.84 million.