According to CoinGlass data, the total liquidation amount in the cryptocurrency market over the past 24 hours reached $459 million, with long positions liquidated for $270 million and short positions liquidated for $189 million. BTC liquidations amounted to $98.03 million, while ETH liquidations reached $102 million. Over the past 24 hours, a total of 185,796 traders were liquidated. The largest single liquidation occurred on the Hyperliquid SP500-USD trading pair, valued at $17.28 million.
The crypto market saw $459 million in liquidations over 24 hours, with long positions hit hardest.
TechFlowShare
Summary
The crypto market experienced $459M in liquidations over 24 hours, with long positions bearing the brunt at $270M. Bitcoin and Ethereum led the way with $98.03M and $102M in liquidations, respectively. Over 185,796 traders were affected, with the largest single loss reaching $17.28M on Hyperliquid’s SP500-USD pair. Traders employing value investing strategies in crypto may find opportunities amid volatility, while technical analysis remains essential for timing entries and exits.
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