$298 million liquidated in the crypto market within 24 hours, with long positions accounting for $260 million

According to PANews, Coinglass data shows that in the past 24 hours, the cryptocurrency market experienced a total liquidation of $298 million across all contracts. Among them, long positions accounted for $260 million, while short positions accounted for $37.95 million. The total liquidation amount for BTC was $36.56 million, and for ETH it was $88.86 million.