Crypto Liquidations Hit $674 Million in 24 Hours, Coinglass Data Shows

Coinglass data shows that crypto liquidations across the market totaled $674 million in the past 24 hours, with $292 million in long positions and $381 million in short positions. According to ChainCatcher, Bitcoin liquidations included $89.45 million in longs and $94.27 million in shorts, while Ethereum liquidations included $96.74 million in longs and $215 million in shorts. Over the same period, 94,554 traders were liquidated worldwide, and the largest single liquidation occurred on Hyperliquid's ETH-USD pair at $20.28 million.