Over $390 million in crypto liquidations in 24 hours, short positions hit hardest

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Over $390M in crypto liquidations hit traders within 24 hours, with short positions bearing the brunt at $315M. Bitcoin and Ethereum led the move, with BTC liquidations totaling $168M and ETH at $118M. A total of 99,099 traders were liquidated, the largest being on Aster’s SOLUSDT pair at $4.0033M. Value investing in crypto remains critical as traders closely monitor support and resistance levels amid volatile price swings.

According to CoinGlass data, the total cryptocurrency market liquidations over the past 24 hours reached $390 million, with long positions liquidated at $75.25 million and short positions liquidated at $315 million. BTC liquidations amounted to $168 million ($22.02 million in longs and $146 million in shorts), while ETH liquidations totaled $118 million ($19.80 million in longs and $98.24 million in shorts). Over the past 24 hours, 99,099 traders were liquidated, with the largest single liquidation occurring on the Aster SOLUSDT pair at $4.0033 million.

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