Crypto Market Sees $534.18 Million in Leveraged Positions Liquidated Within 24 Hours

Over the past 24 hours, $534.18 million (approximately KRW 726.6 billion) in leveraged positions were liquidated across the cryptocurrency market. Long position liquidations accounted for 83.41% of total liquidations, amounting to $445.58 million (KRW 606.1 billion), while short position liquidations totaled $88.59 million (KRW 120.5 billion).

Bitcoin (BTC) traded at $75,851 (-1.52% over 24 hours), Ethereum (ETH) at $2,403 (-3.21%), Solana (SOL) at -3.77%, XRP at -8.18%, Hyperliquid (HYPE) at -2.17%, and Zcash (ZEC) at +6.02%.

Bitcoin (BTC) was the top liquidated asset with $212.12 million ($288.5 billion), of which 82% were long positions. Ethereum (ETH) followed with $28.83 million, XRP at $33.60 million, Solana (SOL) at $22.44 million, Zcash (ZEC) at $17.68 million, Dogecoin (DOGE) at $8.20 million, Hyperliquid (HYPE) at $5.61 million, and Sandisk (SNDK) at $3.99 million.