According to Coinglass data, the total amount of liquidations in the cryptocurrency market over the past 24 hours reached $322 million, with long positions liquidated amounting to $73.854 million and short positions liquidated totaling $249 million. Liquidations for BTC reached $94.4859 million, while ETH liquidations amounted to $96.8992 million. A total of 96,173 traders were liquidated in the past 24 hours. The largest single liquidation occurred on the BTC-USD trading pair on Hyperliquid, valued at $13.2576 million.
Crypto Liquidations Reach $322M in 24 Hours, Short Positions Hit Hardest
TechFlowShare
Summary
According to Coinglass, value investing in the crypto market is under pressure as liquidations reached $322 million within 24 hours. Short positions were hit hardest, with $249 million wiped out. Bitcoin and Ethereum led in liquidations, with $94.49 million and $96.90 million respectively. Over 96,000 traders were affected, and the largest single loss was $13.26 million on the BTC-USD pair on Hyperliquid. Technical analysis (TA) for crypto suggests that volatility remains high.
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