According to PANews, recent data from Coinglass reveals that the cryptocurrency market has experienced substantial liquidations. In the past hour, the total liquidations across the market amounted to $284 million. Of this, long positions accounted for $276 million, while short positions saw liquidations of $7.4057 million. Ethereum led the liquidations with $91.6493 million, followed by Bitcoin with $76.0871 million. Additionally, over the past four hours, the total market liquidations exceeded $409 million.

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