According to Coinglass data, the total amount of liquidations in the cryptocurrency market over the past 24 hours reached $356 million, with long positions liquidated amounting to $214 million and short positions liquidated totaling $142 million. Liquidations for BTC reached $103 million, and ETH liquidations amounted to $80.6949 million. A total of 125,326 traders were liquidated in the past 24 hours. The largest single liquidation occurred on the PUMP-USD trading pair on Hyperliquid, valued at $11.1454 million.
Global Crypto Liquidations Reach $356M in 24 Hours, Long Positions Hit Hardest
TechFlowShare
Summary
Value investing in the crypto market is under pressure as global liquidations reached $356 million within 24 hours. Long positions accounted for the majority of the losses, totaling $214 million, while short positions amounted to $142 million. Bitcoin and Ethereum led in liquidation amounts, with $103 million and $80.69 million, respectively. Over 125,000 traders were impacted, with the largest single loss being $11.145 million on the PUMP-USD pair on Hyperliquid. A long-term strategy remains essential in navigating the current volatile market conditions.
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