Crypto Market Liquidations Reach $238 Million in 24 Hours

Crypto market liquidation data for the past 24 hours shows a discrepancy between two reported snapshots. One report cites total liquidations of $238 million, with short positions accounting for $181 million and long positions for $56.51 million; Bitcoin led with $113 million in liquidations and Ethereum with $33.16 million. Another report puts total liquidations at $94.52 million, with $51.16 million from shorts and $43.37 million from longs; Ethereum accounted for $14.67 million and Bitcoin for $11.66 million. In both cases, the figures reflect forced closures of leveraged positions after traders failed to meet margin requirements, underscoring ongoing volatility in crypto derivatives markets.

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