Crypto Markets See $285M in Liquidations Over Past 24 Hours, Long Positions Hit Hardest

According to ChainCatcher, citing Coinglass data, crypto markets recorded $285 million in total liquidations over the past 24 hours, with long positions accounting for $182 million and short positions $103 million. Bitcoin experienced $69.03 million in long liquidations and $29.47 million in short liquidations, while Ethereum saw $57.64 million in long liquidations and $33.48 million in short liquidations. The largest single liquidation occurred on HTX’s ETH-USDT pair, valued at $4.96 million.