Crypto Derivatives See $399M in 24-Hour Liquidations, Long Positions Account for $258M

Crypto derivatives liquidations totaled $399 million over the past 24 hours, with long positions accounting for $258 million and short positions for $141 million, Coinglass data show. BTC-related liquidations reached $155 million and ETH liquidations totaled $90.76 million. A total of 116,342 traders were liquidated, with the largest single liquidation worth $4.4573 million on the BTCUSD pair at Hyperliquid.