Over $207M in Crypto Liquidations in 24 Hours, Bears Wipe Out $147M

BTC-1.44%
ETH-0.56%
According to Coinglass, the crypto market recorded $207 million in liquidations over the past 24 hours as of July 5, with short positions accounting for $147 million and long positions for $59.98 million. Bitcoin saw $10.42 million in long liquidations and $50.19 million in short liquidations, while Ethereum experienced $18.22 million in long liquidations and $50.63 million in short liquidations. The largest single liquidation order of $6 million occurred on Bybit for BTCUSD.
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