In the past 24 hours, the cryptocurrency market experienced substantial liquidations, amounting to $354.35 million. A total of 113,658 traders were liquidated. Most of these liquidations came from long positions, totaling $315.53 million, while short positions accounted for $38.82 million.
The largest single liquidation order occurred on the Huobi exchange, involving a BTC-USD pair valued at $27 million.