According to PANews, the cryptocurrency market experienced significant liquidations amounting to $305 million over the past 24 hours. Data from Coinglass reveals that long positions accounted for $193 million of the liquidations, while short positions made up $112 million.
Bitcoin (BTC) saw a total liquidation of $69.78 million, highlighting its substantial impact on the market during this period. Meanwhile, Ethereum (ETH) experienced liquidations totaling $47.42 million, further contributing to the overall market activity.
These figures underscore the volatility and rapid changes within the cryptocurrency market, as traders navigate fluctuating prices and market conditions. The data reflects the ongoing challenges and opportunities faced by investors in the digital asset space.
