According to CoinGlass data, the total cryptocurrency market liquidations over the past 24 hours reached $257 million, with long positions liquidated for $163 million and short positions liquidated for $93.8178 million. BTC liquidations amounted to $55.5877 million, while ETH liquidations reached $43.5889 million. A total of 129,536 individuals were liquidated over the past 24 hours, with the largest single liquidation occurring on the XYZ:CL-USD pair on Hyperliquid, valued at $6.8989 million.
Crypto market sees $257M in liquidations over 24 hours, long positions hit hardest
TechFlowShare
Summary
The crypto market experienced $257 million in liquidations over the past 24 hours, with longs accounting for $163 million and shorts for $93.82 million. Bitcoin and Ethereum led the way, with $55.59 million and $43.59 million in liquidations, respectively. Over 129,536 traders were affected, with the largest single loss reaching $6.9 million on Hyperliquid’s XYZ:CL-USD pair. Traders employing value investing strategies in crypto may find opportunities amid volatility, while technical analysis remains essential for timing entries.
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