According to PANews, recent data from Coinglass reveals that the cryptocurrency market has experienced a contract liquidation of $138 million in the past 24 hours. This liquidation has affected a total of 43,042 individuals.
The liquidation was divided into two categories: long and short. The long liquidation amounted to approximately $45.02 million, while the short liquidation was around $92.50 million.
In terms of specific cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH) were significantly impacted. The total liquidation amount for Bitcoin was approximately $52.51 million, while Ethereum saw a liquidation amount of around $29.78 million.