According to Foresight News, data from Coinglass reveals that the cryptocurrency market witnessed substantial liquidations over the past 24 hours, amounting to $281 million. This includes $104 million in long positions and $177 million in short positions.
Bitcoin and Ethereum were among the most affected cryptocurrencies, with Bitcoin experiencing liquidations totaling $77.46 million and Ethereum facing $57.77 million in liquidations. These figures highlight the volatility and risk associated with trading in the cryptocurrency market, as traders navigate the fluctuations in asset prices.
