24-hour crypto liquidations hit $195M as long wipeouts dominate

ChainCatcher cited Coinglass data showing total crypto market liquidations of $195 million over the past 24 hours. Long positions accounted for $129 million, while shorts totaled $66.096 million. Bitcoin saw $43.6332 million in long liquidations and $6.7226 million in short liquidations. Ethereum recorded $32.1855 million in liquidated longs and $16.2638 million in liquidated shorts. Globally, 67,721 traders were liquidated during the period. The largest single liquidation was $6.5126 million on Hyperliquid (XYZ:CLUSD).