According to CoinGlass data, the total cryptocurrency market liquidations over the past 24 hours reached $341 million, with long positions liquidated at $52.24 million and short positions liquidated at $289 million. BTC liquidations amounted to $150 million ($16.67 million in longs and $133 million in shorts), while ETH liquidations totaled $100 million ($13.36 million in longs and $86.86 million in shorts). Over the past 24 hours, 100,416 traders were liquidated, with the largest single liquidation occurring on the BTC-USD pair on Hyperliquid, valued at $11.33 million.
Crypto liquidations reach $341M in 24 hours, short positions hit hardest
TechFlowShare
Summary
Value investing in crypto is under pressure as liquidations reached $341 million in 24 hours, according to CoinGlass. Short positions dominated, with $289 million wiped out. Bitcoin led losses at $150 million, followed by Ethereum at $100 million. Over 100,400 traders were liquidated, with Hyperliquid’s BTC-USD pair recording the largest single liquidation at $11.3254 million. Technical analysis for crypto indicates that volatility remains elevated.
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