According to PANews, data from Coinglass reveals that the cryptocurrency market experienced liquidations totaling $99.8 million over the past 24 hours. Of this amount, long positions accounted for $26.38 million, while short positions made up $73.43 million.
Bitcoin (BTC) saw liquidations amounting to $29.18 million, and Ethereum (ETH) experienced liquidations totaling $10.92 million. The significant liquidations reflect the volatility and rapid price movements within the cryptocurrency market.
