According to CoinGlass data, 172,112 traders saw their positions liquidated on the crypto market in the past 24 hours, totaling $1.14 billion.

90% of liquidations were long positions

Long positions accounted for $1.03 billion (90%) of the liquidations, while short positions made up $113.67 million (10%).

Large liquidation on Binance in the ETH/USDT pair

On Binance, a single order resulted in the liquidation of a $48.16 million long position in the ETH/USDT pair.