Cryptocurrency Market Sees $114 Million in Liquidations Over 24 Hours

According to PANews, data from Coinglass reveals that the cryptocurrency market experienced liquidations totaling $114 million over the past 24 hours. Of this amount, long positions accounted for $55.58 million, while short positions made up $58.72 million. Bitcoin (BTC) saw total liquidations amounting to $24.82 million, and Ethereum (ETH) experienced liquidations totaling $13.59 million. The data highlights the volatility and rapid changes in the cryptocurrency market, impacting both long and short positions significantly.