Crypto Market Liquidations Reach $790M in 24 Hours, Long Positions Account for $633M

Total cryptocurrency liquidations reached $790 million over the past 24 hours, with long positions accounting for $633 million and short positions for $157 million, Coinglass data show. The liquidations affected 171,599 traders globally. The largest single liquidation order occurred on Hyperliquid's BTC-USD pair, valued at $21.38 million.