Cryptocurrency Market Sees $270 Million in Liquidations Over 24 Hours

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AI Summary

The cryptocurrency market has recently experienced significant liquidations, with a total of $270 million lost in the last 24 hours. This indicates a high level of volatility and uncertainty in the market, which could lead to further price fluctuations and potential losses for investors.

According to PANews, Coinglass data reveals that the cryptocurrency market experienced liquidations totaling $270 million in the past 24 hours. Long positions accounted for $180 million of the liquidations, while short positions amounted to $89.86 million. Bitcoin (BTC) saw liquidations totaling $61.91 million, and Ethereum (ETH) experienced liquidations of $60.49 million.

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BTC

93,434.79

-2.46%

ETH

3,340.92

+1.21%

Cryptocurrency Market Sees $270 Million in Liquidations Over 24 Hours

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