Crypto Market Sees $393 Million in Liquidations Over 24 Hours

According to Coinglass, the crypto market recorded $393 million in liquidations over the past 24 hours, consisting of $304 million in long positions and $89.43 million in short positions. Bitcoin long liquidations totaled $78.09 million, while Ethereum long liquidations reached $40.49 million. A total of 125,113 traders were liquidated, with the largest single order occurring on Binance for BTCUSDT, valued at $6.54 million.