Cryptocurrency Market Experiences Significant Liquidations

AI Summary

The cryptocurrency market has witnessed substantial liquidations, with long positions contributing $130 million and short positions $348 million, indicating potential market volatility and uncertainty.

According to Foresight News, data from Coinglass reveals that the cryptocurrency market saw liquidations totaling $478 million over the past 24 hours. Long positions accounted for $130 million of the liquidations, while short positions amounted to $348 million. Bitcoin liquidations reached $180 million, and Ethereum liquidations totaled $136 million.

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