The cryptocurrency market saw $505 million in liquidations across all platforms in the past 24 hours, including $362 million in long positions.

According to CoinGlass data, 147,171 people were liquidated in the past 24 hours, with a total liquidation amount of $505 million. Of this, $362 million were long positions and $143 million were short positions. The largest single liquidation occurred on Aster's BTCUSDT trading pair, worth $11.1713 million.