Crypto Market Liquidates $397M in 24 Hours, With Longs Taking Most Pain

BTC-3.29%
ETH-3.90%
SOL-6.27%
XRP-4.42%

According to CoinGlass, the crypto market saw total liquidations of $397 million over the past 24 hours, with long positions accounting for $312 million and short positions $85.36 million.

Bitcoin liquidations totaled $84.88 million ($65.46 million longs), Ethereum $83.55 million ($63.66 million longs), Solana $24.08 million ($22.02 million longs), and XRP $8.32 million ($8.05 million longs). A total of 139,891 traders were liquidated during the period.

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