The cryptocurrency market experienced significant liquidations totaling $395 million in the past 24 hours, according to CoinGlass data. Long positions accounted for $206 million, while short positions saw $188 million in liquidations. Bitcoin (BTC) liquidations reached $152.5 million, with $92.56 million in longs and $59.93 million in shorts. Ethereum (ETH) liquidations totaled $76.97 million, comprising $31.50 million in longs and $45.46 million in shorts. A total of 93,639 traders were liquidated, with the largest single liquidation on the BTC-USD pair on Hyperliquid, valued at $6.88 million.
Crypto Market Sees $395M in Liquidations as Longs and Shorts Suffer
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