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      Cryptocurrency Market Sees $359 Million in Liquidations in 24 Hours

      In a significant downturn in the cryptocurrency market, approximately $359 million worth of positions were liquidated within the last 24 hours, affecting over 100,000 traders. Data from CoinGlass indicates that a total of 103,612 individuals experienced liquidations during this period.

      The majority of the liquidated positions were long positions, which accounted for about $281 million, representing 78.3% of the total liquidations. Short positions contributed approximately $78.1 million to the overall figure.

      The largest single liquidation occurred on Binance's SOXSUSDT trading pair, amounting to around $7.3 million. This wave of liquidations highlights the volatility and risks associated with trading in the cryptocurrency market.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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