Crypto liquidations hit $296M in 24 hours as shorts take the brunt

ChainCatcher cited Coinglass data showing total crypto liquidations of $296 million over the past 24 hours. Short positions accounted for $216 million, while long liquidations totaled $79.62 million. By asset, BTC liquidations reached $104 million, ETH $85.74 million, and ZEC $18.19 million.