Crypto Market Sees $114 Million in Liquidations Over 24 Hours

According to Coinglass data, the crypto market recorded $114 million in total liquidations over the past 24 hours, consisting of $63.09 million in long positions and $50.84 million in short positions. Bitcoin liquidations totaled $3.72 million for longs and $5.05 million for shorts, while Ethereum saw $4.98 million in long liquidations and $4.12 million in short liquidations. A total of 56,177 traders were liquidated, with the largest single liquidation occurring on Hyperliquid for an XRP-USD position valued at $3.17 million.