Crypto Derivatives See $79.6 Million Liquidations as Choppy Trading Triggers Deleveraging

Roughly $79.58 million in leveraged crypto positions were liquidated over 24 hours, with $4.0 million in longs and $39.58 million in shorts. The data from CoinGlass showed traders unwinding exposure amid choppy, rotation-driven volatility, highlighting fragile derivatives positioning despite modest spot price movements.