Crypto Market Sees $156 Million in Liquidations Over 24 Hours

Coinglass data indicates that $156 million in positions were liquidated across the crypto market in the last 24 hours, including $71.48 million in long positions and $84.50 million in short positions. Bitcoin liquidations totaled $3.28 million for longs and $11.44 million for shorts, while Ethereum saw $6.59 million in long liquidations and $8.30 million in short liquidations. A total of 66,222 traders were liquidated, with the largest single liquidation occurring on Hyperliquid for an XRP-USD position valued at $3.35 million.