Significant liquidations are observed in the cryptocurrency market

AI Overview

According to PANews, the latest data from Coinglass shows that there have been substantial liquidations in the cryptocurrency market amounting to $199 million in the last 24 hours. Of this amount, long positions accounted for $129 million, while short positions faced liquidations totaling $70.39 million.

The total amount of Bitcoin (BTC) liquidations was $26 million, while Ethereum (ETH) liquidations reached $28.67 million. These figures highlight the volatility and rapid changes occurring in the cryptocurrency market, which significantly impacts both long and short positions.

#BTC

#ETH

Disclaimer: The platform features materials and opinions from third parties. It is not financial advice. It may contain sponsored content. See Terms and Conditions.

#ETH

3,907.07

+1.12%

#BTC

103,028.01

+1.71%

10.7k