Crypto Network Sees $264M in Liquidations Over 24 Hours, 100,494 Traders Hit

BTC-3.81%
ETH-2.59%
According to Coinglass data, the crypto derivatives market experienced $264 million in liquidations over the past 24 hours, with long positions accounting for $166 million and short positions $97.91 million. A total of 100,494 traders were liquidated. Bitcoin saw $41.17 million in long liquidations and $17.77 million in short liquidations, while Ethereum recorded $33.91 million in long liquidations and $27.46 million in shorts. The largest single liquidation, valued at $8.05 million, occurred on Binance's BTCUSDT pair.
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