Crypto market liquidations reach $1.675 billion in 24 hours

Crypto market liquidations totaled $1.675 billion over the past 24 hours, according to Coinglass data. Long positions accounted for $858 million and short positions for $816 million. A total of 283,359 people were liquidated globally, while the largest single liquidation was a $24.96 million BTC-USD position on Hyperliquid.

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