According to Foresight News, recent data from Coinglass reveals that the cryptocurrency market has experienced a significant liquidation of $97.47 million in the past 24 hours. This includes $53.69 million in short positions and $43.75 million in long positions. Bitcoin, the leading cryptocurrency, accounted for $30.13 million of the total liquidation, while Ethereum, the second-largest cryptocurrency by market cap, accounted for $25.61 million. This information highlights the volatility and risk associated with trading in the cryptocurrency market.
Cryptocurrency Market Experiences Significant Liquidation
![](https://public.bnbstatic.com/image/pgc/202211/ff39a105a210ecd0a61407a69ad82dbd.jpg)
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