Crypto Liquidations Hit $1.061 Billion in 24 Hours, $998 Million in Longs

Global crypto liquidations totaled $1.061 billion in the past 24 hours on January 21, Coinglass data show. Long positions accounted for $998 million and short positions $62.97 million, with 180,139 traders liquidated worldwide. The largest single liquidation occurred on Bitget's BTCUSDT_UMCBL, valued at $13.52 million.