Crypto liquidations reach $316M in 24 hours, Bitcoin and Ethereum lead losses

Total crypto liquidations reached $316 million over the past 24 hours, including $245 million in long positions and $71.37 million in short positions, Coinglass data cited by ChainCatcher show. Bitcoin accounted for $127 million in long liquidations and $25.95 million in shorts, while Ethereum saw $51.86 million in longs and $14.45 million in shorts liquidated. A total of 95,125 traders were liquidated globally, with the largest single position loss recorded on Hyperliquid's BTCUSD market at $10.27 million.