Crypto Market Sees $314M in Liquidations Over 24 Hours, Both Longs and Shorts Hit

According to CoinGlass, the crypto market saw total liquidations of $314 million in the past 24 hours, with long positions accounting for $140 million and short positions for $173 million.

BTC led liquidations at $113 million (longs $27.09M, shorts $86.03M), followed by ETH at $63.81 million (longs $20.05M, shorts $43.76M) and SOL at $12.71 million (longs $6.77M, shorts $5.94M). The largest single liquidation occurred on Binance's BTCUSDT pair, worth $6.65 million.