Crypto market liquidations hit $395M in 24 hours across long and short positions

Total liquidations in the cryptocurrency market reached $395 million in the past 24 hours, with $206 million in long positions and $188 million in short positions wiped out, CoinGlass data show. BTC-related liquidations totaled $152.5 million, including $92.56 million in longs and $59.93 million in shorts, while ETH liquidations came to $76.97 million, split between $31.50 million in longs and $45.46 million in shorts. The data also show 93,639 traders were liquidated during this period, with the largest single liquidation worth $6.88 million on the BTCUSD pair on Hyperliquid.