Crypto liquidations top $438M in 24 hours as longs bear the brunt

Crypto liquidations totaled $438 million over the past 24 hours, CoinGlass data showed. Long positions accounted for $340 million in liquidations, while shorts were wiped out for $98.24 million. By asset, BTC saw $149 million in liquidations and ETH $118 million. In all, 126,272 traders were liquidated during the period. The largest single order was a $10.82 million BTCUSD liquidation on Hyperliquid.