Crypto Markets See $115 Million in Liquidations Over Past 24 Hours

According to Coinglass data, the crypto market recorded $115 million in total liquidations over the past 24 hours, with long positions accounting for $57.31 million and short positions for $57.27 million. Bitcoin long liquidations reached $10.21 million while short liquidations totaled $15.99 million, while Ethereum saw $17.37 million in long liquidations and $13.51 million in short liquidations.

During the same period, 55,741 traders were liquidated globally, with the largest single liquidation occurring on Binance ETHUSDT at $1.88 million.