Crypto Market Records $450M in Liquidations in 24 Hours, Longs Hit Hardest

Gate News message, April 27 — The crypto market saw $450 million in total liquidations over the past 24 hours, with long positions accounting for $281 million and short positions $169 million, according to CoinGlass data.

Bitcoin liquidations reached $167 million and Ethereum $161 million. A total of 110,130 traders were liquidated during the period, with the largest single liquidation occurring on an ETH-USDT pair at a major CEX, valued at $11.99 million.

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