The crypto market experienced significant volatility over the past 24 hours, with $489.46 million in liquidations across various assets, including Bitcoin. In the past hour alone, liquidations totaled $5.58 million, with $2.07 million from long positions and $3.50 million from shorts. Over a 4-hour period, liquidations reached $29.09 million, with shorts accounting for $20.56 million and longs for $8.53 million.The 12-hour period saw a larger total of $130.15 million in liquidations, with $58.32 million from longs and $71.84 million from shorts. Over the full 24-hour span, liquidations overwhelmingly came from long positions, totaling $358.96 million, compared to $130.50 million from shorts. crypto market liquidation Bitcoin Leads Liquidations amid $95K DipBitcoin's dominance in the market was reflected in its liquidation volume, which made up the largest portion, at $21.73 million, in the last 12 hours. Meanwhile, on the 24-hour scale, the value reached approximately $81 million, with longs accounting for the largest share.Notably, Bitcoin's liquidation volume on Binance totaled $23.22 million in long positions and $6.55 million in short positions, while OKX recorded $7.95 million in long liquidations and $7.79 million in shorts.Shorts dominated on both exchanges in the 12-hour time frame, while longs took the lead on the 24-hour scale. This mixed dynamic emerged as Bitcoin's price dropped to $95K over the weekend but has since recovered to above $98K at press time, affecting trading positions betting on BTC's movement.Other Assets Seeing Significant LiquidationsMeanwhile, the altcoin market also experienced substantial activity as well. Sandbox (SAND) saw liquidations totaling $14.33 million, accompanied by a 33.39% surge in its price to $0.7739 over the last 24 hours. Over the past week, SAND's price increased by an impressive 113.43%, showcasing growing market interest. Ethereum (ETH) recorded $12.51 million in liquidations, while its price declined by 1.10% to $3,387 in the past day, despite an 8.79% increase over the week. XRP followed with $9.01 million in liquidations, showing a 0.27% price uptick to $1.46 over 24 hours and a 25.63% weekly gain. Dogecoin (DOGE) faced $7.82 million in liquidations, with its price falling by 3.25% to $0.4239 today. Although it rose by 14.67% over seven days.Other notable tokens included Stellar (XLM), which had $6.80 million liquidated. Its price dropped by 8.81% to $0.5153 in 24 hours but has surged by 127% over the past week. Solana (SOL) saw $3.61 million liquidated, while Cardano (ADA) faced $3.27 million in liquidations. Their prices declined by 1.63% and 1.94%, respectively, over the last day. Both tokens experienced substantial gains over the week.
