Crypto liquidations reach $390 million in 24 hours, shorts account for $315 million

Cryptocurrency market liquidations totaled $390 million over the past 24 hours, with short positions accounting for $315 million and long positions for $75.25 million, CoinGlass data show. Bitcoin saw $168 million in liquidations, including $146 million in shorts and $22.02 million in longs, while Ethereum recorded $118 million, comprising $98.24 million in shorts and $19.80 million in longs. The liquidations affected 99,099 traders, with the largest single liquidation occurring on the Aster SOLUSDT pair at $4.0033 million.