Bitcoin Liquidation Hits $237M as Traders Suffer Significant Losses

The crypto market witnessed a significant wave of liquidations in the past 24 hours, resulting in total losses exceeding $237 million across major exchanges. Data shows that around 90,573 traders were impacted, with long-term investors experiencing heavier losses. Long positions accounted for $161.43 million in losses, compared to just $75.85 million from short positions. Ethereum (ETH) suffered the largest loss at $82.92 million, followed by Bitcoin (BTC) at $32.31 million and Solana (SOL) at $24.42 million. Other notable tokens include PYTH ($16.1M), CRO ($6.7M), LINK ($5.27M), and XRP ($7.96M). 💰