Total crypto derivatives liquidations reached $306 million over the past 24 hours, with long positions accounting for the bulk of the wipeout at $248 million. Short liquidations totaled $58.8083 million, indicating the market move hit bullish traders hardest.
Bitcoin liquidations came to about $89.6414 million during the period, while Ethereum liquidations totaled about $65.4114 million, according to Coinglass data.
Crypto Market Liquidations Hit $306 Million in 24 Hours, Led by Longs
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