Crypto Markets See $343M in Liquidations in Past 24 Hours, Bitcoin and Ethereum Hit Hard

BTC-0.83%
ETH-1.63%
According to ChainCatcher citing Coinglass data, cryptocurrency derivatives markets experienced $343 million in liquidations over the past 24 hours. Long positions accounted for $206 million of the total, while short positions totaled $137 million. Bitcoin long liquidations reached $52.58 million, with shorts at $19.47 million, while Ethereum long liquidations hit $47.49 million against $58.47 million in shorts. The liquidations affected over 91,000 traders globally during the period.
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