Crypto derivatives traders saw $174 million in liquidations over the past 24 hours as long positions took the brunt of the losses. Coinglass data showed $121 million in long liquidations and $53.2704 million in short liquidations. Bitcoin accounted for $38.0706 million in liquidated longs and $6.5768 million in liquidated shorts, while Ethereum posted $22.3673 million in long liquidations and $11.4077 million in short liquidations. A total of 76,086 traders were liquidated globally during the period, and the largest single liquidation order occurred on Binance in the BTCUSDT pair, with a value of $2.4659 million.