Crypto Market Liquidations Hit $409M in 24 Hours, Longs Dominate With 83% Share

According to CoinGlass, in the past 24 hours, approximately 103,200 traders were liquidated across crypto derivatives markets, with total liquidations reaching $409 million. Long positions accounted for $340 million of the total, while short positions represented $69.15 million, with longs comprising over 83% of all liquidations. The largest single liquidation occurred on Binance's BTCUSDT contract, amounting to approximately $3.02 million.
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