Crypto Liquidations Hit $396M in 24 Hours as Longs Take 81.3%

Crypto traders lost $396 million to liquidations in the past 24 hours, with 96,160 positions closed, CoinGlass data shows. Long positions accounted for $322 million, or 81.3 percent, of the total, while shorts made up $73.9 million. Bitcoin liquidations reached about $107 million, 82.4 percent from longs. Ethereum followed at roughly $59.9 million, with longs at 66 percent.