Global liquidations reach $221M in 24 hours, longs outpace shorts

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Global crypto liquidations reached $221 million in 24 hours, with longs totaling $77.33 million and shorts at $144 million. Bitcoin and Ethereum experienced significant price movements, with BTC longs at $16.67 million and shorts at $33.84 million. ETH longs and shorts were nearly balanced at $16.07 million and $16.06 million, respectively. Traders focused on key support and resistance levels amid heightened volatility. A total of 77,192 traders were liquidated, with the largest single liquidation occurring on Hyperliquid—XYZ:SKHX-USD—at $44.66 million. Value investing in crypto remains a core strategy as markets test critical price levels.

Huo Xing Finance reports, according to Coinglass data, that over the past 24 hours, the entire market saw $221 million in liquidations, with $77.33 million in long positions liquidated and $144 million in short positions liquidated. Among these, Bitcoin longs accounted for $16.67 million in liquidations, while Bitcoin shorts totaled $33.84 million; Ethereum longs reached $16.07 million in liquidations, and Ethereum shorts amounted to $16.06 million. Additionally, over the past 24 hours, a total of 77,192 users worldwide were liquidated, with the largest single liquidation occurring on Hyperliquid - XYZ:SKHX-USD at $4.47 million.

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