Crypto Market Sees $164 Million in Liquidations Over 24 Hours

According to CoinGlass, the cryptocurrency market recorded $164 million in total contract liquidations over the past 24 hours, with long positions accounting for $107 million and short positions for $57.4 million. Bitcoin liquidations totaled $23.94 million, while Ethereum liquidations reached $21.34 million. The largest single liquidation occurred on the HYPERLIQUID-ZEC-USD pair, valued at $3.14 million.