Crypto Longs Take 64% of $215 Million Wiped in 24 Hours

Crypto traders faced $215.14 million in liquidations over 24 hours, with longs absorbing 64.22% of the losses. Bitcoin led single-asset losses at $72.74 million, according to market data. The heavy long liquidation suggests leveraged bullish positions were caught off guard by a sharp price move, impacting trader sentiment across major exchanges.