Global liquidations reach $78.7M in 24 hours, with BTC and ETH leading.

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According to Coinglass data, global crypto liquidations reached $78.6994 million in the last 24 hours, with longs totaling $42.6463 million and shorts at $36.053 million. Bitcoin longs were liquidated for $3.3229 million, while shorts amounted to $4.2218 million. Ethereum longs totaled $2.9665 million, and shorts reached $4.3047 million. A total of 55,823 traders were affected, with the largest liquidation of $6.532 million occurring on Hyperliquid - XYZ:CL-USD. Traders are closely monitoring key support and resistance levels amid heightened volatility. Value investing in crypto remains a priority for long-term holders.

Huo Xing Finance reports, according to Coinglass data, that over the past 24 hours, the entire market saw $78.7 million in liquidations, with $42.65 million from long positions and $36.05 million from short positions. Specifically, Bitcoin longs were liquidated for $3.32 million, while Bitcoin shorts were liquidated for $4.22 million; Ethereum longs were liquidated for $2.97 million, and Ethereum shorts for $4.30 million. Additionally, over the past 24 hours, 55,823 users globally were liquidated, with the largest single liquidation occurring on Hyperliquid - XYZ:CL-USD at $653,200.

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