Global Liquidations Hit $301 Million in 24 Hours, Long Positions Account for $201 Million

According to Coinglass data cited by ChainCatcher, global cryptocurrency liquidations totaled $301 million in the past 24 hours, with long position liquidations reaching $201 million and short position liquidations accounting for $100 million. Bitcoin saw $76.67 million in long liquidations and $28.25 million in short liquidations, while Ethereum recorded $59.38 million in long liquidations and $33.04 million in short liquidations. Over the same period, 72,408 traders were liquidated, with the largest single liquidation occurring on HTX’s ETH-USDT pair at $4.96 million.