Crypto Market Sees $281 Million in Liquidations Over 24 Hours

According to CoinGlass data, the cryptocurrency market recorded $281 million in total liquidations over the past 24 hours, affecting 77,684 traders. Long positions accounted for $145 million, while short positions totaled $136 million. Major liquidations included BTC ($92.97 million), ETH ($57.35 million), SOL ($9.85 million), XRP ($8.08 million), ZEC ($8.75 million), and HYPE ($2.22 million). The largest single liquidation occurred on the HTX BTC-USDT pair, valued at $6.92 million.