Crypto market sees $326M liquidated in 24 hours; long positions account for $265M

Huoxing Finance cited Coinglass data showing $326 million in total crypto market liquidations over the past 24 hours. Long positions made up $265 million, while short liquidations totaled $61.57 million. By asset, Bitcoin liquidations included $59.09 million in longs and $6.25 million in shorts. Ethereum saw $61.06 million in long liquidations and $67.2 million in short liquidations. Coinglass also reported 198,137 liquidated traders globally during the period. The largest single liquidation was a $3.18 million position on Hyperliquid ZROUSD.