According to PANews, recent data from Coinglass reveals that the cryptocurrency market experienced a total liquidation of $157 million in the past 24 hours. This liquidation affected 65,294 individuals. The majority of the liquidation, amounting to $112 million, was from long positions, while short positions accounted for approximately $44.59 million.
In terms of specific cryptocurrencies, Ethereum (ETH) saw a total liquidation of $39.43 million, while Bitcoin (BTC) experienced a liquidation of $33.77 million. This data provides a snapshot of the volatility and risk associated with the cryptocurrency market, highlighting the potential for significant losses in a short period of time.