Crypto Market Faces $124 Million in Liquidations Over 24 Hours

The cryptocurrency market witnessed significant liquidations in the last 24 hours, totaling $124 million, according to BlockBeats and data from Coinglass. Out of this, $28.41 million came from long positions, while a staggering $95.36 million was from short positions.

This sharp shift highlights the ongoing volatility in the market, leaving both long and short traders scrambling.

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