Over $1 billion in crypto positions were liquidated in 24 hours as longs got flushed More than $1 billion in crypto positions were liquidated over the past 24 hours, per CoinGlass, with longs accounting for $842 million of the damage. About 148,500 traders were wiped out. The largest single position was a $38 million bitcoin-dollar bet on Hyperliquid. Bitcoin led at $489 million in liquidations, ether at $295 million. Bitcoin is trading near $59,750 on Friday morning, down 2.8% on the day and b…
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