According to Coinglass data, the total cryptocurrency market liquidations over the past 24 hours reached $399 million, with long positions liquidated for $258 million and short positions liquidated for $141 million. BTC liquidations amounted to $155 million, while ETH liquidations reached $90.76 million. Over the past 24 hours, 116,342 traders were liquidated, with the largest single liquidation occurring on the BTC-USD pair on Hyperliquid, valued at $4.4573 million.
Global crypto liquidations reach $399M in 24 hours, long positions hit hardest
TechFlowShare
Summary
Value investing in crypto is under pressure as global liquidations reached $399 million in 24 hours, according to TechFlow. Long positions bore the brunt with $258 million in liquidations, while short liquidations totaled $141 million. Bitcoin incurred $155 million in losses, and Ethereum $90.76 million. Over 116,000 traders were liquidated, with a $4.457 million trade on Hyperliquid’s BTC-USD pair marking the largest single loss.
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