According to TechFlow, recent data from Coinglass reveals that the cryptocurrency market has seen liquidations amounting to $221 million over the past 24 hours. Of this total, long positions accounted for $155 million, while short positions contributed $65.29 million. The global impact of these liquidations affected 85,525 traders, with the largest single liquidation occurring on a centralized exchange (CEX) involving BTCUSDT, valued at $2.96 million.

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