Crypto Market Liquidations Total $261 Million in 24 Hours

According to Coinglass data, total liquidations across the crypto market reached $261 million over the past 24 hours, consisting of $127 million in long positions and $134 million in short positions. Bitcoin liquidations included $24.003 million in longs and $58.6383 million in shorts, while Ethereum saw $28.8816 million in long liquidations and $25.5469 million in short liquidations. A total of 74,249 traders were liquidated, with the largest single liquidation occurring on HTX for a BTC-USDT position valued at $6.9154 million.