According to CoinGlass data, the total cryptocurrency market liquidations over the past 24 hours reached $438 million, with long positions liquidated for $340 million and short positions liquidated for $98.24 million. BTC liquidations amounted to $149 million, while ETH liquidations reached $118 million. A total of 126,272 traders were liquidated over the past 24 hours, with the largest single liquidation occurring on the BTC-USD pair on Hyperliquid, valued at $10.82 million.
Global crypto liquidations reach $438M in 24 hours, long positions hit hardest
TechFlowShare
Summary
Value investing in crypto is under pressure as global liquidations reached $438 million in 24 hours, according to TechFlow. Long positions incurred $340 million in losses, with BTC and ETH liquidations totaling $149 million and $118 million, respectively. Over 126,000 traders were liquidated, led by a $10.82 million liquidation event on Hyperliquid’s BTC-USD pair. Technical analysis remains critical as volatility persists.
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