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      Cryptocurrency Market Sees $400 Million in Liquidations in 24 Hours

      The cryptocurrency market has experienced significant volatility, resulting in liquidations totaling $400 million over the past 24 hours. Data from CoinGlass indicates that long positions accounted for the majority of these liquidations, amounting to $298 million, while short positions contributed $102 million.

      A total of 92,268 traders were affected by these liquidations, highlighting the widespread impact of market fluctuations. The largest single liquidation occurred on the ETHUSDT trading pair on the Binance exchange, valued at approximately $11.49 million.

      This wave of liquidations reflects ongoing uncertainty in the cryptocurrency market, which has been characterized by rapid price movements and investor reactions.

      © 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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