Cryptocurrency Market Experiences $239 Million Liquidation in 24 Hours

According to PANews, data from Coinglass reveals that the cryptocurrency market witnessed a total liquidation of $239 million in contracts over the past 24 hours. Long positions accounted for $154 million of the liquidations, while short positions saw $84.39 million in liquidations. Bitcoin (BTC) experienced a total liquidation amounting to $49.27 million, and Ethereum (ETH) saw liquidations totaling $39.06 million.