Cryptocurrency Market Sees $104 Million in Liquidations Over 24 Hours

According to Foresight News, data from Coinglass reveals that the cryptocurrency market experienced liquidations totaling $104 million over the past 24 hours. Long positions accounted for $68.13 million of the liquidations, while short positions amounted to $35.45 million. Bitcoin saw liquidations of $20.81 million, and Ethereum experienced liquidations of $21.86 million. The significant liquidations in both long and short positions indicate heightened volatility in the cryptocurrency market.