Over $258 million in liquidations occurred in the crypto market within 24 hours, with long positions accounting for $152 million.

According to Odaily, citing Coinglass data, in the past 24 hours, a total of 101,827 people were liquidated globally, with the total liquidation amount reaching 258 million US dollars.

Among them, the amount of long position liquidations was 152 million US dollars, while short position liquidations amounted to 106 million US dollars.

The largest single liquidation occurred on the Hyperliquid platform's ETH-USD trading pair, valued at 6.9124 million US dollars.