In the past 24 hours, the cryptocurrency market has experienced a storm, with the total liquidation amount reaching $340 million! According to Coinglass data, the long and short positions are almost evenly matched: the liquidation amount for long positions is $166 million, while for short positions it is $175 million. Specifically, Bitcoin (BTC) leads with a liquidation amount of $92.59 million, followed closely by Ethereum (ETH) with $50.76 million and Ripple (XRP) with $35.08 million. This market turbulence shows the intense competition among investors amid market fluctuations, adding more uncertainty to the future market direction.