CoinGlass reported that nearly 200,000 traders were affected by liquidations over the past 24 hours. During this period, bulls have suffered the most. According to the data, bulls have liquidated nearly $435 million worth of long positions, while bears have faced liquidations amounting to $190 million.

However, the single largest liquidation worth $12.39 million, occurred on Binance with the BTCUSDT pair. Traders dealing in Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Dogecoin (DOGE) have faced significant liquidations.

In the past 24 hours, Bitcoin miners have sold nearly 25,000 BTC, worth $2.25 billion, as the price reached the $93,400 level, according to the on-chain analytics firm CryptoQuant. This marks the largest sell-off by miners since May 2024, indicating potential selling pressure and a possible price decline in the coming days.$BTC $ETH $SOL