Crypto Market Sees Massive Liquidations: Over $470 Million Lost in 24 Hours

The cryptocurrency market experienced significant liquidations yesterday, with a total loss of over $470 million according to TechFlow. This data comes from Coinglass, which shows long positions accounted for $333 million in losses, while short positions contributed an additional $137 million. A total of 133,634 traders were impacted globally, with the largest single liquidation on Hyperliquid’s ETH-USD pair reaching a staggering $6.0892 million.