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Crypto Market Sees $66.62M in Liquidations in 24 Hours, Short Positions Account for Over 60%

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Market sentiment turned volatile as crypto traders faced $66.62M in liquidations over 24 hours, per Coinglass data. A total of 67,749 traders were liquidated, with short positions accounting for $40.20M, or over 60%. Long liquidations stood at $26.42M. Value investing in crypto remains a key strategy amid swings, as the largest liquidation hit $893,600 on Hyperliquid’s ORCL-USD pair.
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