Crypto Liquidations Hit $114 Million in 24 Hours, Coinglass Data Shows

According to Coinglass data, crypto liquidations across the market totaled $114 million in the past 24 hours. According to ChainCatcher, long positions accounted for $63.09 million of the total, while short positions made up $50.84 million.Bitcoin liquidations included $3.72 million in long positions and $5.05 million in short positions. Ethereum liquidations included $4.98 million in long positions and $4.12 million in short positions.Over the same period, 56,177 traders were liquidated globally. The largest single liquidation occurred on Hyperliquid in the XRP-USD market and was worth $3.17 million.