Cryptocurrency markets saw $344 million liquidation in 24 hours

According to Foresight News, recent data from Coinglass revealed that the global cryptocurrency market experienced approximately $344 million in liquidations over the past 24 hours. This includes the liquidation of $278 million in short positions and $65.43 million in long positions.

Ethereum, the leading cryptocurrency, saw approximately $118 million in liquidations. Bitcoin, the world's largest and most popular cryptocurrency, has undergone a liquidation of approximately $97.75 million. This data provides an overview of the volatility and risks associated with cryptocurrency trading, as large amounts of assets can be liquidated in a short period of time.