Crypto market sees $375M in liquidations over 24 hours, long positions account for $291M

The crypto market recorded $375 million in liquidations over the past 24 hours, with long positions contributing $291 million and short positions $83.75 million, Coinglass data show. Bitcoin longs were liquidated for $128 million versus $21.85 million in shorts, while Ethereum saw $81.39 million in long liquidations and $24.10 million in shorts. A total of 124,467 traders were liquidated globally during the period, and the largest single liquidation was a $2.95 million position on the Aster BTCUSDT pair.