Crypto Markets See $324M in Liquidations Over 24 Hours, With 110,156 Traders Hit

According to Coinglass data, in the past 24 hours, $324 million in liquidations occurred across cryptocurrency markets. Of these, $189 million came from long positions and $135 million from short positions.

Bitcoin saw $38.83 million in long liquidations and $58.05 million in short liquidations, while Ethereum experienced $40.97 million in long liquidations and $27.79 million in short liquidations. The largest single liquidation order occurred on Binance's ETHUSDC pair, worth $2.95 million.