Cryptocurrency Market Experiences $246 Million Liquidation in 24 Hours

According to PANews, data from Coinglass reveals that the cryptocurrency market witnessed liquidations totaling $246 million over the past 24 hours. Of this amount, long positions accounted for $94.57 million, while short positions saw liquidations of $151 million. Bitcoin (BTC) experienced liquidations amounting to $67.98 million, and Ethereum (ETH) saw $47.98 million in liquidations.