Crypto Markets Liquidate $164M in 24 Hours as Longs and Shorts Take Losses

BTC-0.38%
ETH-0.88%

According to CoinGlass data, crypto markets saw $164 million in liquidations over the past 24 hours as of July 5, with long positions accounting for $76.77 million and short positions $87.42 million. Bitcoin accounted for $57.06 million of liquidations, while Ethereum saw $43.41 million liquidated.

A total of 58,208 traders were liquidated, with the largest single liquidation occurring on Bybit's BTCUSD pair at $6 million.

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