Crypto Markets See $871M in Liquidations in 24 Hours, With BTC Longs Hit Hardest

BTC-2.37%
ETH-2.93%
According to Coinglass data reported by ChainCatcher, crypto markets experienced $871 million in liquidations over the past 24 hours, with long positions accounting for $786 million and short positions $84.63 million. Bitcoin long liquidations reached $318 million, while Ethereum longs saw $169 million liquidated. A total of 170,086 traders were liquidated, with the largest single position a $12.11 million BTC liquidation on Binance.
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