Crypto Markets See $559M in Liquidations in 24 Hours, Largest BTC Position Wiped $138M

BTC0.14%
ETH-0.69%
According to Coinglass data cited by ChainCatcher, cryptocurrency markets experienced $559 million in liquidations over the past 24 hours. Long positions accounted for $493 million of liquidations, while short positions saw $66.87 million liquidated. Bitcoin long liquidations reached $138 million and Ethereum long liquidations hit $131 million. The largest single liquidation occurred on Hyperliquid's ETH-USD pair, valued at $14.15 million.
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