Cryptocurrency Market Experiences Significant Liquidations in 24 Hours

--・Verified Binance official account

AI Summary

The cryptocurrency sector faced $517 million in liquidations recently, predominantly from short positions. This trend could signal increased volatility and investor caution moving forward.

According to PANews, the cryptocurrency market witnessed substantial liquidations amounting to $517 million over the past 24 hours. Data from Coinglass reveals that long positions accounted for $101 million of the liquidations, while short positions totaled $415 million. Bitcoin (BTC) saw liquidations reaching $164 million, and Ethereum (ETH) experienced liquidations totaling $118 million.

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

BTC

118,175.56

+0.72%

ETH

3,776.91

+0.87%

Cryptocurrency Market Experiences Significant Liquidations in 24 Hours

Latest News