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 $121 million in long positions and $180 million in short positions liquidated. Bitcoin liquidations totaled $39.33 million for longs and $38.43 million for shorts, while Ethereum saw $22.52 million in long and $40.38 million in short liquidations. A total of 81,882 traders were liquidated, with the largest single liquidation occurring on Gate for a BTC/USDT position valued at $3.13 million.