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Cryptocurrency Market Sees $213 Million in Liquidations Over 24 Hours
According to PANews, the cryptocurrency market experienced significant liquidations amounting to $213 million over the past 24 hours. Data from Coinglass reveals that long positions accounted for $118 million of the liquidations, while short positions saw $95.4 million in liquidations.
Bitcoin (BTC) and Ethereum (ETH) were notably affected, with BTC liquidations totaling $25.17 million and ETH liquidations reaching $26.72 million. This substantial liquidation activity highlights the volatility and risk associated with trading in the cryptocurrency market, as traders navigate fluctuating prices and market conditions.
Bitcoin (BTC) and Ethereum (ETH) were notably affected, with BTC liquidations totaling $25.17 million and ETH liquidations reaching $26.72 million. This substantial liquidation activity highlights the volatility and risk associated with trading in the cryptocurrency market, as traders navigate fluctuating prices and market conditions.
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