In the past 24 hours, the cryptocurrency market saw $495 million in liquidations, with $347 million in long positions and $148 million in short positions, per Coinglass data. Bitcoin and Ethereum were hit hardest, with liquidations of $123 million and $67.39 million, respectively. This highlights the market's volatility and the risks traders face in managing positions. Traders are advised to use risk management strategies to navigate these unpredictable conditions.

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