Crypto Market Records $974M in Liquidations, 267,320 Traders Affected in 24 Hours

The cryptocurrency market saw $974 million in total liquidations over the past 24 hours, with long positions accounting for $851 million and short positions for $123 million, Coinglass data show. A total of 267,320 traders were liquidated during this period. The largest single liquidation order occurred on Hyperliquid's ETH-USD pair, valued at $15.61 million.