Crypto Liquidations Reach $455M in 24 Hours, Longs Hit Hardest

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Value investing in the crypto market is under pressure, as Coinglass data shows $455 million in liquidations over a 24-hour period. Long positions accounted for $370 million of these liquidations, with Bitcoin leading the way at $153 million, of which $125 million came from long liquidations. Ethereum saw $105 million in liquidations, with $88.22 million from long positions. Technical analysis of the crypto market indicates increased volatility, with 118,597 traders affected. The largest single liquidation was $11.28 million on the BTC-USD pair on Hyperliquid.

According to Coinglass data, the total amount of liquidations in the cryptocurrency market over the past 24 hours reached $455 million, with $370 million from long positions and $84.3933 million from short positions. For BTC, the liquidation amount reached $153 million (longs: $125 million, shorts: $27.6114 million), and for ETH, the liquidation amount was $105 million (longs: $88.2188 million, shorts: $17.1983 million). A total of 118,597 traders were liquidated in the past 24 hours, with the largest single liquidation occurring on the BTC-USD trading pair on Hyperliquid, valued at $11.2795 million.

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