Crypto market liquidation tally hits $257M in 24 hours as longs bear the brunt

Crypto derivatives liquidations totaled $257 million over the past 24 hours, according to CoinGlass. Long positions accounted for $163 million, while short liquidations came to $93.8178 million. By asset, BTC saw $55.5877 million in liquidations and ETH recorded $43.5889 million. In total, 129,536 traders were liquidated during the period. The largest single liquidation was a $6.8989 million position on the XYZ:CLUSD pair on Hyperliquid.