In the past 24 hours, the cryptocurrency market experienced $216 million in liquidations, with long and short positions nearly evenly split, according to Coinglass data. Long positions accounted for $103 million, while short positions totaled $113 million. Bitcoin saw $28.699 million in long liquidations and $15.849 million in short liquidations. Ethereum recorded $27.8413 million in long liquidations and $15.6833 million in short liquidations.
A total of 80,217 users were liquidated globally, with the largest single liquidation occurring on Hyperliquid's SOL-USD pair, valued at $4.6826 million. This data highlights the volatility and risk present in the crypto trading environment.
Crypto Market Sees $216M in Liquidations, Longs and Shorts Nearly Balanced
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