According to CoinGlass data, the total cryptocurrency market liquidations over the past 24 hours reached $178 million, with long positions liquidated for $143 million and short positions liquidated for $34.715 million. Bitcoin (BTC) liquidations amounted to $66.691 million, while Ethereum (ETH) liquidations totaled $42.15 million. Over the past 24 hours, 69,679 traders were liquidated. The largest single liquidation occurred on the BTC-USD pair on Hyperliquid, valued at $3.6007 million.
Over $178M in crypto liquidations in 24 hours, long positions hit hardest
TechFlowShare
Summary
Value investing in crypto is under pressure as over $178 million in liquidations hit the market in 24 hours. Long positions bore the brunt, totaling $143 million. Bitcoin and Ethereum led with $66.69 million and $42.15 million in liquidations, respectively. Technical analysis shows 69,679 traders affected, with the largest single loss amounting to $3.6 million on Hyperliquid’s BTC-USD pair.
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