$298M Liquidated in 24 Hours—Longs Take the Biggest Hit
PANews reports, citing Coinglass data, that the crypto market saw a massive $298 million in liquidations over the past 24 hours.
Long positions were hit hardest, accounting for $260 million, while short liquidations totaled just $37.95 million—a clear sign that bullish traders were caught off guard.
Breaking it down:
BTC liquidations: $36.56 million
ETH liquidations: $88.85 million
Volatility is back—and it's reminding everyone why risk management is key in crypto.