Market Liquidations Reach $278 Million in 24 Hours, Long Positions Account for $233 Million

24-Hour Liquidation Data in the Crypto Market

According to the latest data from Coinglass, the total liquidation amount across the crypto market reached $278 million in the past 24 hours, with long positions accounting for $233 million and short positions contributing $44.27 million.

BTC and ETH Liquidation Breakdown

For Bitcoin, long liquidations hit $52.24 million, while shorts totaled $9.61 million.

Ethereum saw even higher volatility, with longs liquidated at $93.08 million and shorts at $11.1 million.

Market Outlook

The data indicates that long positions dominate the market, suggesting investor optimism about the future of cryptocurrencies remains strong.