Cryptocurrency Market Experiences $175 Million Liquidation in 24 Hours

According to Foresight News, data from Coinglass reveals that the cryptocurrency market saw liquidations totaling $175 million over the past 24 hours. Long positions accounted for $113 million of the liquidations, while short positions amounted to $61.85 million. Bitcoin experienced liquidations of $30.33 million, and Ethereum saw $29.94 million in liquidations.