Crypto Liquidations Hit $1.122B in 24 Hours; Long Positions Dominate With $887M

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ETH0.55%
According to Coinglass data, cryptocurrency liquidations reached $1.122 billion in the past 24 hours, with long positions accounting for $887 million and short positions for $235 million. Bitcoin long liquidations totaled $413 million while short liquidations reached $117 million. Ethereum saw long liquidations of $243 million and short liquidations of $67.26 million. The largest single liquidation occurred on Hyperliquid's BTC-USD pair at $38.05 million, affecting 151,930 traders in total.
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