Crypto Market Liquidations Reach $384M in 24 Hours, Long Positions Account for $332M

The crypto derivatives market saw $384 million in liquidations over the past 24 hours, with $332 million from long positions and $52.438 million from shorts, Coinglass data show. Bitcoin long positions accounted for $117 million in liquidations versus $9.6494 million from shorts, while Ethereum long liquidations totaled $110 million compared with $12.6549 million from shorts. A total of 125,911 traders were liquidated globally during the period, with the largest single liquidation on Aster's ETHUSDT pair at $17.979 million.