Crypto Market Logs $234 Million in Liquidations Over 24 Hours

Crypto contract positions worth $234 million were liquidated over a 24-hour period. Long positions accounted for $118 million, while short positions accounted for $116 million, a $2 million difference between the two sides of the market. Bitcoin (BTC) liquidations totaled $57.4177 million. Ether (ETH) liquidations reached $62.6790 million; together, the two figures amount to just over half of the marketwide total. The largest single liquidation was valued at $7.4305 million and involved Binance-ETHUSDT. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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