Cryptocurrency Market Experiences $327 Million Liquidation in 24 Hours

According to PANews, data from Coinglass reveals that the cryptocurrency market saw contract liquidations totaling $327 million over the past 24 hours. Long positions accounted for $206 million of the liquidations, while short positions made up $120 million. Bitcoin (BTC) experienced liquidations amounting to $104 million, and Ethereum (ETH) saw liquidations totaling $92.76 million.