Cryptocurrency market liquidated $428 million in 24 hours, with long positions accounting for $8.62 million

According to PANews, Coinglass data shows that the cryptocurrency market experienced a liquidation of $428 million in contracts over the past 24 hours. Among them, long positions were liquidated for $86.22 million, and short positions were liquidated for $342 million.

The total liquidation amount for BTC was $43.72 million, and for ETH, it was $101 million.