Urgent: $1.38 Billion Liquidation in 24 Hours! One of the most violent days in the crypto market… and the market is liquidating everyone! In the last 24 hours, trading positions worth $1.38 billion were liquidated! Here are the details of what happened: Total liquidation: • Long: $1.21B • Short: $169.35M The shock? Most of the liquidation was from long positions, which shows that many traders entered the market with excessive optimism… and ended up out of the game.