Crypto Market Sees $426 Million in Liquidations Over 24 Hours, CoinGlass Data Shows

The cryptocurrency market recorded $426 million in liquidations over the past 24 hours, according to CoinGlass data. According to ChainCatcher, $304 million came from long liquidations and $123 million from short liquidations. Bitcoin accounted for $126 million in liquidations, including $85.6 million in longs and $40.6 million in shorts. Ethereum saw $93.7 million liquidated, with $64.9 million from longs and $28.7 million from shorts. Solana liquidations totaled $14.1 million, including $10.6 million in longs and $3.56 million in shorts. CoinGlass data also showed 111,791 traders were liquidated during the period. The largest single liquidation was a $4.35 million BTC-USD position on Hyperliquid.