Crypto market liquidations reach $421M in 24 hours, long positions lead at $239M

Global crypto liquidations totaled $421 million over the past 24 hours, with long positions accounting for $239 million and shorts for $182 million, Coinglass data show. Bitcoin recorded $121 million in long liquidations and $70.25 million in shorts, while Ethereum saw $50.36 million in longs and $60.81 million in shorts liquidated. The period affected 93,887 traders worldwide, with the largest single liquidation worth $13.33 million occurring on Hyperliquid's BTCUSD market.