Liquidations Hit $207 Million in 24 Hours, Largest Single Position $4.27 Million on Binance

According to Coinglass data, liquidations across derivatives markets hit $207 million in the past 24 hours. Short positions liquidated $160 million while long positions accounted for $46.89 million, with Bitcoin shorts liquidating $64.99 million and longs $7.55 million.

A total of 71,718 traders were liquidated during the period, with the largest single liquidation occurring on Binance BTCUSDT worth $4.27 million.