Cryptocurrency Market Sees $180 Million in Liquidations Over 24 Hours

According to PANews, data from Coinglass reveals that the cryptocurrency market experienced significant liquidations amounting to $180 million over the past 24 hours. Of this total, long positions accounted for $134 million, while short positions saw liquidations of $46.05 million. Bitcoin (BTC) faced liquidations totaling $38.42 million, and Ethereum (ETH) saw liquidations amounting to $33.66 million. The data highlights the volatility and rapid changes in the cryptocurrency market, impacting both long and short positions significantly.