Crypto Market Records $1.357B in Liquidations Over 24 Hours, Longs Account for $1.186B

The cryptocurrency market recorded $1.357 billion in total liquidations over the past 24 hours, with long positions accounting for $1.186 billion and short positions for $171 million, Coinglass data show. The liquidation event affected 277,033 traders globally. The largest single liquidation order occurred on HTX's BTC-USDT pair, valued at $44.292 million.