Cryptocurrency Market Experiences $125 Million Liquidation in 24 Hours

According to Foresight News, data from Coinglass reveals that the cryptocurrency market witnessed liquidations totaling $125 million over the past 24 hours. Long positions accounted for $48.22 million of the liquidations, while short positions amounted to $76.70 million. Bitcoin saw liquidations of $39.14 million, and Ethereum experienced $20.06 million in liquidations.