Data: Crypto Liquidations Hit $438M in Past 24 Hours, Longs Bear the Brunt

According to CoinGlass data, total liquidations across the cryptocurrency market reached $438 million in the past 24 hours, with long positions accounting for $298 million and short positions $140 million. A total of 109,075 traders were liquidated. Among them, ETH liquidations reached approximately $138 million, BTC around $95.5566 million, SOL approximately $30.1331 million, XRP around $16.3975 million, ZEC approximately $10.5138 million, and other assets combined for roughly $139 million. The largest single liquidation order in the past 24 hours occurred on the ETHUSDT trading pair on the Aster exchange, valued at $6.1292 million.