Crypto Liquidations Reach $1.275 Billion in 24 Hours as Longs Lose $1.169 Billion

Crypto markets recorded about $1.275 billion in liquidations over the past 24 hours, according to CoinAnk data. Long positions made up roughly $1.169 billion of the total while short positions accounted for about $106 million. Bitcoin liquidations came to approximately $417 million and Ethereum liquidations reached around $320 million, pointing to heavy losses among leveraged bullish traders during the selloff.