Crypto markets recorded $684 million in futures liquidations over the past 24 hours, including $261 million in long positions and $423 million in short positions, according to CoinGlass data cited in the report.
Bitcoin accounted for $182 million in liquidations, while Ethereum recorded $262 million. The largest single liquidation occurred on the HYPERLIQUID ETH-USD contract and was valued at $20.2824 million.
Crypto Futures Liquidations Hit $684 Million in 24 Hours, Short Positions Bear Brunt
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