Crypto Market Liquidations Hit $1.134B in 24 Hours, Longs Account for $974M

The cryptocurrency market saw $1.134 billion in liquidations over the past 24 hours, with long positions accounting for $974 million and shorts for $159 million, Coinglass data show. A total of 217,724 traders were liquidated during the period. The largest single liquidation order occurred on Hyperliquid's BTC-USD pair, valued at $21.4298 million.