Crypto Market Sees $433M in Liquidations Over 24 Hours, Longs Hit Hardest

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According to Coinglass, in the past 24 hours the cryptocurrency market saw $433 million in total liquidations, with long positions accounting for $324 million and short positions $109 million. Bitcoin longs were liquidated for $70.44 million while shorts faced $30.85 million in losses. Ethereum experienced $67.81 million in long liquidations and $32.07 million in short liquidations. A single Binance ETHUSDT position worth $7.787 million was the largest liquidation during the period, affecting a total of 108,843 traders.
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