Cryptocurrency market, $295 million in leveraged positions liquidated over 24 hours

Source: TokenPost Original Title: Cryptocurrency Market, $295 Million in Leverage Positions Liquidated in 24 Hours Original Link: In the cryptocurrency market, approximately $295 million worth of leveraged positions were liquidated in the last 24 hours. Liquidations of long positions were concentrated around Ethereum and Bitcoin, while only STRK recorded a similar scale of liquidations for both long and short positions amid the upward trend.

In the last 24 hours, approximately $295 million(, or about 430 billion won), worth of leverage positions have been liquidated in the cryptocurrency market.

According to the currently aggregated data, there were overwhelmingly more long positions liquidated, and the liquidation rate of long positions on major exchanges mostly exceeded 90%.

The exchange with the most position liquidations in the last 24 hours was Hyperliquid, with a total of $101.41 million(, accounting for 35.3%) of the total. Among these, long positions dominated, making up 99.35%.

The exchange with the second most liquidations is 某交易所, where positions totaling $69.49 million ( were liquidated, with long positions accounting for 96.43% of this.

Binance experienced liquidations of approximately $63.72 million), with a long position ratio of 92.63%.

Notably, Bitfinex had a smaller liquidation scale compared to other exchanges, with only about $160,000(0.05%) in liquidations occurring, all of which were long positions.