Crypto Market Liquidations Hit $354 Million in 24 Hours as BTC and ETH Positions Wiped Out

Total liquidations in the cryptocurrency market reached $354 million in the past 24 hours, with $286 million in long positions and $68.34 million in shorts closed out, CoinGlass data cited by ChainCatcher show. BTC-related liquidations accounted for $174 million and ETH positions contributed $71.59 million over the same period. A total of 102,158 traders were liquidated, with the largest single loss recorded on the BTCUSD pair on Hyperliquid at $10.27 million.