Cryptocurrency Market Experiences $371 Million Liquidation in 24 Hours

According to PANews, recent data from Coinglass reveals that the cryptocurrency market saw a total liquidation of $371 million in contracts over the past 24 hours. Long positions accounted for $86.85 million of the liquidations, while short positions amounted to $284 million. Bitcoin (BTC) experienced a liquidation total of $32.31 million, and Ethereum (ETH) saw $69.74 million in liquidations.